Souk Sharq moves to Wafra temporarily

  • 22/02/2023

Kuwait City, Feb 22: The Ministries of Finance, Trade and Industry addressed orally and via e-mail the investors of Sharq Market that the order to vacate the market will apply only to the original investor, the National Real Estate Company, and does not include shop tenants and investors in it, while the security and cleaning companies of the market were told to continue their work without any change.

State Property Department will take over 'Souk Sharq' from 'National Real Estate', provided that its management will be handed over to Wafra Real estate company on a temporary basis until the market is handed over to the new investor. Ministry of Commerce and Industry is scheduled to address the tenants of Sharq Market tomorrow while it is planned to give the tenants a period to complete the new data, as those who fail to do so will be subject to the cancellation of their license.

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