Kuwait-Mubasher: NBK Capital has maintained its ‘Buy’ recommendation on Mazaya stock, which is listed on both the Kuwaiti and Dubai bourses.
The fair value of Mazaya was set at KWD 0.165, according to NBK’s research unit.
NBK Capital noted that Mazaya has recently appointed Ahmed M. Harfoush as its new CFO, replacing Ayman A. Sheet, to be effective starting from 31 December, 2015.