Al Salam Group's subsidiary sells equity in Priority Security

Al Salam Group's subsidiary sells equity in Priority Security

's subsidiary, Aldossor International Company for Trading and Construction, has sold 2.2 million shares in Priority Security and Service Holding. Al Tatweer Capital Real Estate Company acquired the sold equity at a value of KWD 150,000, according to a bourse filing. The dual-listed company, on both Dubai Financial Market (DFM) and , noted that the stake sale will generate KWD 2,357 in profits, which will reflect in the income statements on 31 December 2021. It's worth noting that the losses of Al Salam Group widened during the first nine months (9M) of 2021 to about KWD 902,530 compared to nearly KWD 354,860 in the same duration in 2020.