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Al Ramz Corporation seals full exit from Takaful Al Emarat

Al Ramz Corporation seals full exit from Takaful Al Emarat
Al Ramz Corporation seals full exit from Takaful Al Emarat
Takaful Emarat
TAKAFUL-EM
-0.89% 0.56 -0.01

Dubai – Mubasher: Al Ramz Corporation Investment and Development announced its full-exit from its 17.76% stake in Takaful Al Emarat Insurance Co.

The company has fully exited Takaful Al Emarat after achieving the target investment revenue, according to a filing to the Dubai Financial Market (DFM).

In July, Al Ramz Corporation revealed that one of its subsidiaries had acquired 26.65 million shares in Takaful Emarat.