Dubai – Mubasher: Gulf Navigation on Sunday announced that the subscription in its capital-raising shares offering is set to take place between 11 and 22 February 2018.

Emirates NBD will be the offering’s lead manager, according to Al-Khaleej newspaper.

The Dubai Financial Market (DFM) listed company stated that it has planned to raise its capital through the offering’s yields, in a bid to supply the required liquidity to fund the company’s strategic plans, Al-Khaleej reported.