Tuesday 7 May 2024
 
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investment group

UAE investment group buys key stake in Gulf Navigation

UAE-based Goldilocks Investment Company said it has reached an agreement with Gulf Navigation Holding, a leading maritime and shipping company based in Dubai, to acquire a 18.32 per cent stake in the company. This includes 4.68 pe

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Saudi Re buys 50pc stake in Bermuda investment group

Saudi Reinsurance Company (Saudi Re) said it has reached an agreement with Probitas Holdings (Bermuda) Limited, a key investor in insurance and reinsurance business, to purchase a 49.9 per cent stake in the company.  

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