Mubasher: Gulf Petroleum Investment (PetroGulf) has denied the news reported in Al Jarida Newspaper on 8 October under the headline (Listed company sells $30 million assets in Dubai) with no disclosure included.

In this regard, PetroGulf emphasises that the news is untrue and irrelevant to the company, as it does not own any assets or oil drilling rigs in Dubai, according to a statement to Boursa Kuwait on Tuesday.