Markaz brokers for 48.35% acquisition in AIP

Kuwait Financial Centre (Markaz) has said it has acquired a 48.35% stake in Al Kout Industrial Projects (AIP) for KD16.42m on behalf of its clients. AIP's produces pure salt through dialysis of seawater that is used as raw material for chlorine, caustic soda, and sodium hypochlorite, which the firm exports across the GCC region.

Posted on Saturday, June 19-2010

News provided by: AME Info