Wahat Al Zaweya's stake reached 6.87%
Gulf Navigation
GULFNAV
-0.44%
2.24
-0.01
GULFNAV
Anan
ANAN
3.03%
1.36
0.04
ANAN
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