By: Mahmoud Gamal

Kuwait – Mubasher:

Several companies have seen changes in ownership stakes after the close of trading on Monday.

The General Organisation for Social Insurance has reduced its stake in Al-Imtiaz Investment Group by 0.5% from 5.870% to 5.370%, according to a report by Mubasher.

Among the main owners in Al-Imtiaz are Barwa Real Estate with 24.4% and shareholder Khalid Sultan bin Eissa with 5.110%.

Al-Imtiaz reported turning to profits worth KWD 4.11 million during the first quarter of 2015 against losses of KWD 3.99 million in the same period in 2014. The group also said its annual financials turned positive, showing profits of KWD 6.16 million in the fiscal year 2014 against losses of KWD 58.17 million in 2013.

Translated by: Nada Adel Sobhi