Sanctions provided for laggards companies

The National Insurance Commission (NAICOM) announced that 26 companies have failed to send their 2013's annual report before the legal deadline.

The National Insurance Commission (NAICOM) announced that 26 companies have failed to send their 2013's annual report before the legal deadline.

These companies will face a fine of 30 USD per day of delay and will be prohibited to distribute dividends till the approval of their results by the commission.