Thursday, Mar 21, 2013
BEIRUT (Zawya Dow Jones)--Kuwait's A'ayan Real Estate Co. (AAYANRE.KW), said on Thursday that its chief executive Yousef Al Omar has stepped down and that his resignation has been accepted by the board.
The shariah-compliant property developer, whose major shareholder is the local A'ayan Leasing and Investment Co., said that Mr. Omar will remain in office until May 30.
The company didn't give additional details in a statement posted on the Kuwait bourse website.
Write to Shikrallah Nakhoul at shikrallah@zawya.com
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(END) Dow Jones Newswires
21-03-13 0935GMT
