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Kuwait Bourse suspends 17 enlisted companies

Kuwait Bourse suspends 17 enlisted companies
KUWAIT, May 16 (KUNA) -- Kuwait Bourse announced suspending 17 enlisted companies for failing to present their financial data for Q1 2017 within the specified period of 45 days.
The suspended companies are the Commercial Bank of Kuwait (CBK), Gulf Investment House (GIH), Al-Madar Finance and Investment and Kuwait Bahrain International Exchange, Kuwait Bourse said on its website on Tuesday.
It said that Warba Insurance Company (WINS), Sanam Real Estate, Al-Dar National Real Estate Co. (ADNC), Safat Global Holding, Al-Kout Industrial Projects Company and National Consumer Holding Company (NCCI) were suspended as well.
The website added that other suspended companies included Kuwait Gypsum Manufacturing and Trading Company, National Cleaning, Gulf Petroleum Investment (GPI), Mayadeen, Mushrif Trading and Contracting Co. and Sanad Holding Company. (end) mka.ag