Kahramaa sells land for QR175mn

Qatar General Electricity & Water Corporation (Kahramaa), which is a Qatari public stock company, signed an agreement to sell its own plot of land in Lusail City to Regency Real Estate for QAR175 millions. According to a statement issued by the company, the plot of land with an area of 25,120 square meters is owned by the company in Lusail, and Regency Real Estate company is currently implementing some procedures with Diar Real Estate Company. The capital of the Qatar General Electricity & Water Corporation is QAR1.1 billion, and was established in 1990.