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Laila Gallery sold for 40 million dinars - ARAB TIMES

KUWAIT CITY, Sept 4: Bukhamseen Holding Group concluded a real estate deal with a local investor, according to which it sold the Laila Gallery commercial complex located on Salem Al Mubarak Street in the Salmiya area, for a deal worth 40 million dinars, reports Al-Qabas daily. A source famil

Kuwaitis, expats spending dips - ARAB TIMES

Messenger KUWAIT CITY, May 10: The spending rate of citizens and expatriates declined by 3.4 percent in the first quarter of 2021 a total of KD 5.4 billion compared to KD 5.6 billion in the fourth quarter of 2020, reports Al-Anba daily. This is attributed to the re-implementation of closure measures to curb the spread of coronavirus, partial curfew in March, and travel restrictions which limited citizens’ travels for tourism purposes. Thus, their spending decreased in the first quarter of this year. In the fourth quarter of last year, the country witnessed a partial breakthrough in the restrictions imposed to address the pandemic and the gradual return to normal of various economic activities.

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