Kuwait’s stock exchange said it had suspended trading in the shares of 19 more companies on Sunday after they failed to report earnings on time.
The companies – several involved in real estate – join 12 other firms that were suspended earlier this year.
The new companies on the list included investment group Al-Ahlia Holding and International Financial Advisors.
The list, which now totals 31 companies, already included Investment Dar, which brought half of luxury British carmaker Aston Martin for 479 million pounds ($751.7 million) in 2007 and International Investment Group, which defaulted on a $200 million Islamic bond in April 2010.
Global Investment House, whose largest shareholders are the governments of Kuwait and Dubai, was also on the list, according to a statement on the Kuwait stock exchange website.
Kuwait’s markets watchdog warned several companies last month that they would be delisted.