Kuwait – Mubasher: The ordinary general meeting of Metal and Recycling agreed on offsetting accumulated losses worth KWD 6.6 million as registered on 31 December, 2015.

These losses accounted for three quarters of the paid-up capital in the issue premium which was decreased with the same value of the losses to KWD 5.09 million from KWD 11.69 million, according to a bourse statement issued Tuesday.