Wahat Al Zaweya's stake reached 6.87%
Gulf Navigation
GULFNAV
-1.33%
2.22
-0.03
GULFNAV
Anan
ANAN
0.00%
1.32
0.00
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