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Fujairah gov’t owns 23.2% of UAE’s FCI capital

Fujairah gov’t owns 23.2% of UAE’s FCI capital
IDB holds 7.11% of FCI’s capital (Photo Credit: Company Website)
Fujairah Cement
FCI
2.52% 0.28 0.01

Abu Dhabi-Mubasher: Fujairah Cement Industries (FCI) said the government of Fujairah acquires 82.54 million shares, representing 23.19% of the company’s capital.

Wafra International Investment Co. owns 8.69% of FCI’s capital, or 30.93 million shares, according to a bourse statement

Islamic Development Bank (IDB) holds 7.11% of the cement firm’s capital, while Mohamed Ibrahim Abdulaziz Al Romaih owns 6.57% of the capital.