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Al Mazaya Holding's Board OKs Lease Termination for Kuwaiti Medical Tower

MT Newswires·10/08/2026 00:53:11
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12:53 AM EDT, 10/08/2026 (MT Newswires) -- Al Mazaya Holding Co.'s (DFM: MAZAYA) board approved the cancellation of a lease agreement for a subsidiary-related medical tower in Kuwait. The property developer expects to realize a loss of 1.5 million Kuwaiti dinars from the termination, which will be reflected in its fourth-quarter financial statements, according to a Wednesday release.