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Shares in Kuwait-listed Jazeera Airways fell nearly 3 percent on Tuesday after its board proposed withholding the 2025 dividend.
The company’s board described the move as a “temporary and precautionary measure” due to the Iran conflict, it said in a statement to Boursa Kuwait.
The decision to postpone the dividend was taken at a board meeting on Monday.
The board recommended a dividend payout of 85 fils per share in February, subject to shareholder approval. The company will hold its ordinary general meeting on April…
