Gulf Navigation Holding’s profits increase by 2017

MediaIn – Dubai 14 February 2018 WAM

Gulf Navigation Holding (GULFNAV) recorded a net profit of AED 49 million, according to its preliminary financial results for 2017; an increase of 7% over the year 2016.

Khamis Juma Buamim, the Managing Director and Chief Executive Officer of Gulf Navigation Group, said: “The shipping and marine services sector in our region is one of the most promising and commercially feasible areas for those who are well-to-do and have the experience to build a strategy that invests many opportunities in this industry in this area.