Saturday 15 October 2011

Kuwaiti mall operator Mabanee sitting pretty - The National

For a share price, big is beautiful, but it can also be charming.

Mabanee, a property company listed in Kuwait, has one building, and that single asset is set to become the biggest of its kind in the Middle East.

Due to be completed in 2015, The Avenues, in Kuwait City, will surpass Dubai Mall as the largest shopping centre in the region and analysts say its growth will increase Mabanee's share price nicely in the near future.

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