Date : 03-05-2020
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We received from one of Al Imtiaz’s subsidiaries, owned by 67.76%, indicating that it will postpone periodic distributions in some collective investment systems until further notice, due to the global health pandemic, which was reflected in the global economy.

This decision results in an expected decrease in the parent company's net profit by approximately 929 thousand Kuwaiti dinars. Until the end of the year 2020, using the average rates of currency exchange, bearing in mind that this effect is estimated and may change up to or down according to the conditions of the global economy.

 

Disclosures