Dubai – Mubasher: Adel Ibrahim Al Hosani increased its stake in GFH Financial Group from 5.9% to 5.99%, according to data by the Dubai Financial Market (DFM).
In late February, Al Hosani had become one of the major shareholders in GFH after acquiring a 5.03% stake in the group, equivalent to 11.3 million shares.
The company’s stock declined 1.82% to AED 2.69 on Sunday, generating AED 119.99 million.
