OREANDA-NEWS. Qatar IslamicInsurance Company (QIIC) announces that Sold a landtoday afternoon located in Lusail Thuaileb area 3,027 square meter (32,582Feet), and details are as follow :

Qr. 36,134,130 costof the land including fees & commission

Qr. 44,415,009 sellprice after deducting commission (Qr.1,370 per feet)

Qr. 8,280,879 Net profit.

The aim of sellingthis land is to get best profit for shareholders. This will effect positivelyto first quarter in 2015.