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Dubai Insurance cuts foreign ownership ratio

Dubai Insurance cuts foreign ownership ratio
Dubai Insurance's headquarter (Photo Credit: Dubai Insurance's website)
DNIR
DNIR
0.00% 3.30 0.00

Dubai-Mubasher: Dubai Insurance Company lowered the foreign ownership ratio from 30% to 25%, according to a bourse statement.

The new ratio is deemed effective as of 25 April.

The company’s stock stabilised its last trading session on 14 March at AED 2.45 after generating AED 1,090.