• Sat. May 18th, 2024

Dubai and Abu Dhabi Market Trends: A Review of Recent Ownership Percentage Changes

BySamantha Jones

May 5, 2024
Major ownership changes in UAE stocks in one week

Recent changes in ownership percentages of various companies in Dubai and Abu Dhabi markets have been revealed by “Arqaam”. Al Saqr United Group increased its stake in Ras Al Khaimah Real Estate Company from 10.19% to 10.24%, while Fouad Abdel Hadi Muhammad Mishal’s ownership percentage in Aram Company also rose from 5.12% to 11.81%. ADQ Aviation and Air Services Company saw a significant increase in 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 experienced a slight 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 also increased from 8.55% to 8.56%.

Meanwhile, the Dubai market has seen some fluctuations in shareholder percentages as well. Bonyan International Investment Holding Group raised its stake in Takaful Emarat from 5.30% to 8.77%, Ahmed Ibrahim Ahmed Abdullah Al Hammadi also increased his stake in Takaful Emarat from 6.66% to 6.97%, and Khaled Abdul Rahim Ahmed Al-Attar also raised his stake in Takaful Emarat from 5.40% to

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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