Tuesday, Mar 05, 2013

(This article was first published on Monday.)

BEIRUT (Zawya Dow Jones)--Kuwait's National Investments Co. (NINV.KW), or NIC, said its general manager Hamad Al Ameeri has stepped down.

Mr. Ameeri's last day in office will be March 30, the company said in a statement posted on the Kuwait bourse website on Monday.

NIC, which is 67.67% owned by Kuwait-based multiline conglomerate Kharafi Group, is engaged in investment, asset management, and corporate finance activities, according to Zawya.com data.

Write to Shikrallah Nakhoul at shikrallah@zawya.com

Copyright (c) 2013 Dow Jones & Co.

(END) Dow Jones Newswires

05-03-13 0347GMT