Gulf Development House announced that it has received KWD 440,000 in its equity round of funding on September 5, 2018. The transaction included participation from existing investor Sokouk Holding Company K.S.C.P. (KWSE:SOKOUK). post closing of the transaction, the company capital increased from KWD 13,060,000 to KWD 13,500,000. The investor has increased its stake from 87.6% to 88% in the company.