June 10, 2021 finance & economy

The Ministry of Finance plans auction

KUWAIT CITY, June 9: The Ministry of Finance intends to soon hold a public auction to sell two plots of land in the East and Fahaheel regions, reports Al-Anba daily quoting reliable sources. The sources added, the Finance Ministry is in the process of giving final touches to the issues The first plot is located the Sharq region of the Capital Governorate, and the second is State Plot No. 3 in Plot No. 62 in the Fahaheel region. The daily added, the ministry will make an announcement in local newspapers to give opportunity for the biggest number of citizens to take part in the auction. The Ministry of Finance holds these auctions in accordance with Article No. 6 of Decree-Law No. (105) of 1980 regarding state property system stipulates the sale of state’s real estate property be through public auction.


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