Gulfnav okays 20% non-GCC shares
United Arab Emirates: Sunday, April 20 - 2008 at 14:08
Gulf Navigation Holding's Extraordinary General Meeting of its shareholders has approved its Board's proposal to allow non-GCC nationals and institutions to hold 20% of its shares was approved and ratified. The move allows expats living in the GCC as well as fund managers in non-GCC banks to invest in the company, listed on the Dubai Financial Market.
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Medilyn Manibo, Assistant News EditorSunday, April 20 - 2008 at 14:08 UAE local time (GMT+4)
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