Wednesday, Jan 11, 2012
BEIRUT (Zawya Dow Jones)--Kuwait's Bayan Investment Co. Wednesday said its board of directors has approved the appointment of Mohamed Al Mutawa as the company's general manager.
The investment and asset management firm didn't give additional details in a brief statement posted on the Kuwaiti bourse website.
Bayan's shares dropped 1.7% to close at 0.029 Kuwaiti dinar ($0.1) in an overall negative market Wednesday.
By Shikrallah Nakhoul, Zawya Dow Jones, +961 1 985757, shikrallah@zawya.com
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
11-01-12 1312GMT
