After 300% stock rise, DFM-listed Gulf Navigation raises capital to Dh837m, eyes takeover

[ad_1] The new investors need to maintain a 1-year lock in on their shares. Dh 0.63 /share The Gulf Navigation stock’s 52-week low. And the price now? Dh7.19 The company’s…

DFM-listed Sukoon acquires UAE life insurance portfolio of Chubb Tempest Life Reinsurance

[ad_1] Dubai: The Dubai insurer Sukoon (formerly Oman Insurance) has bought the UAE life insurance portfolio held by  Chubb Tempest Life Reinsurance, as the former works on a strategy to…

DFM-listed Tecom Group will lift investor mood with 34% gain in Q1-2023 net income

[ad_1] Dubai: Dubai’s Tecom Group, the entity being the Internet and Media cities, recorded revenue gains of 6 per cent to Dh514 million – but what’s more impressive is the…