May 18, 2024 7:38 pm
Major ownership changes in UAE stocks in one week

In the latest bulletin issued by the Dubai and Abu Dhabi markets, published by “Arqaam”, changes in ownership percentages of various companies have been revealed. Al Saqr United Group increased its ownership percentage in Ras Al Khaimah Real Estate Company from 10.19% to 10.24%. Fouad Abdel Hadi Muhammad Mishal’s ownership percentage in Aram Company also increased from 5.12% to 11.81%. ADQ Aviation and Air Services Company increased its ownership percentage in Abu Dhabi Aviation from 5% to 59.45%, while Maamoura Diversified Global Holding Company reduced its stake in the company from 30% to 12.17%. Ghobash Trade and Investment Company Limited saw a decrease in its ownership percentage in the National Corporation for Tourism and Hotels from 5.48% to 5.47%. Ahmed Omar Salem Al Karbi’s ownership percentage in Sharjah Cement increased from 8.55% to 8.56%.

In the Dubai market, Bonyan International Investment Holding Group raised its stake in Takaful Emarat from 5.30% to 8.77%, while Ahmed Ibrahim Ahmed Abdullah Al Hammadi raised its stake in Takaful Emarat from 6.66% to 6.97%. Khaled Abdul Rahim Ahmed Al-Attar also increased his stake in Takaful Emarat from

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