Wahat Al Zaweya's stake reached 6.87%
Gulf Navigation
GULFNAV
-2.44%
2.40
-0.06
GULFNAV
Anan
ANAN`B
0.00%
0.00
0.00
ANAN`B
Abu Dhabi – Mubasher: Wahat Al Zaweya Holding has announced that it reduced its stake in Gulf Navigation Holding, according to a bourse statement released on Wednesday.
Wahat Al Zaweya decreased its stake in Gulf Navigation to 6.87% from 9.81%.
It is worth noting that Wahat Al Zaweya posted a 37% year-on-year profit increase in 2018, recording AED 276 million.
Source:
Mubasher