Kuwait .. Al -Safat Investment shares ascends to the highest price in 36 months

The share of Al -Safat Investment Company listed on the Kuwait Stock Exchange ascended by 8.15% during the trading of today’s session, to circulate at 158 ​​fils per share, achieving its highest level in 36 months.

The trading on the stock of Al -Safat Investment Company at that time came through 19.74 million shares, with a value of trading 2.99 million dinars.

The highest price for the share at that time was at 158 ​​fils during the session, while the lowest price was at 145 fils per share, thus touching its highest price in 3 years and 18 days. Al -Safat Investment Company announced its profits during the first quarter of 2025, amounting to 4.64 million Kuwaiti dinars, compared to losses of 187.98 thousand dinars recorded in the same period last year.

The company explained that this positive shift in its financial results came as a result of the settlement it reached with the Evolfins Capital Group in the United Arab Emirates, where the first batch of this settlement was received according to the agreement that was disclosed on January 9, 2025.

The roots of Al -Safat return to investment to 1983, and are based in the Safat Tower in the Hawalli area. It is a closed Kuwaiti joint stock company that has been included in the Kuwait Stock Exchange since 2005, and was re -included in October 2021 after it turned into a licensed investment company.

The company’s portfolio includes a variety of investments that cover several sectors that include real estate, finance, health care, energy, and industry, as well as food and agriculture.

Al -Safat also provides a group of investment services, including the management of assets and investments in stocks, bonds and alternative investments such as real estate and bold capital, as well as the establishment of various investment funds, including medical, technical and Islamic funds. It also works in the fields of brokerage, financing, and management of bond versions, in addition to providing economic consultations and project evaluation services.