Kuwait-Mubasher: Taameer Real Estate Investment reported a 38.4% rise in losses to KWD 651,620 ($2.15 million) during the first half of 2015, compared to KWD 470,750 ($1.55 million) during the same period of 2014.
The rise in H1 losses is mainly attributed to a decline of KWD 757,260 in financial assets at fair value (FV) through profit or loss, in addition to a drop of KWD 204,200 in available-for-sale financial assets.
