Kuwait Finance and Investment Company K.S.C. (Public) (KWSE:KFIC) signed an agreement to acquire a client portfolio in Kuwait on August 9, 2018. Kuwait Finance and Investment Company K.S.C. agreed to acquire a client portfolio valued at about KWD 0.89 million in installments. KFIC expected a return ranging from 11% to 12% each year as an impact of this takeover. Kuwait Finance and Investment Company K.S.C. (Public) (KWSE:KFIC) cancelled the acquisition of a client portfolio in Kuwait on August 9, 2019.