Changes of major owners in UAE stocks within a week

September 30

Data from the latest bulletin issued by the Dubai and Abu Dhabi markets showed an increase in the ownership percentage of Al Saqr United Group in Ras Al Khaimah Real Estate from 8 to 8.50%, and an increase in the ownership percentage of Ahmed Omar Salem Al Karbi in Sharjah Cement from 11.75 to 11.76%. Bond Investment Limited’s ownership percentage in Abu Dhabi National Takaful also increased from 5.82 to 6.07%.

The data showed a decline in the ownership percentage of Al Ramz Corporation for Investment and Development in Hayat Insurance from 21.37% to 21.11%. The ownership percentage of Ghobash Trade and Investment Company Limited in the National Corporation for Tourism and Hotels also decreased from 5.59 to 5.54%, as well as the ownership percentage of Al-Futouh Holding Company, a closed joint-stock company in the Aram Group, from 5.05%.

In the Dubai market, Jassim Mohammed Rafie Al-Siddiqi Al-Ansari continued to reduce his stake in Shuaa Capital, which fell from 10.22 to 7.80%. Mohammed bin Ahmed Saeed Al Qasimi’s ownership percentage in Aman also decreased from 5.58%, and Maryam Ali Abdullah Al Owais’s share in United Foods decreased from 6.50%. While Sultan Imran Salem Abdullah Al Owais’s ownership percentage in United Foods increased from 5 to 6.50%. The ownership percentage of Zayed Rashid Awaida Rashid Al Qubaisi in Aman also increased from 5.88% to 6.29%.