UAE investment group buys key stake in Gulf NavigationUAE-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 More… |
Saudi Re buys 50pc stake in Bermuda investment groupSaudi 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. More… |