Dubai Insurance cuts foreign ownership ratio

Dubai-Mubasher: Dubai Insurance Company lowered the foreign ownership ratio from 30% to 25%, according to a bourse statement.

The new ratio is deemed effective as of 25 April.

The company’s stock stabilised its last trading session on 14 March at AED 2.45 after generating AED 1,090.

 

Mubasher Contribution Time: 25-Apr-2016 08:27 (GMT)
Mubasher Last Update Time: 25-Apr-2016 08:27 (GMT)