A recent report by Arqaam revealed changes in the ownership percentages of various companies in Dubai and Abu Dhabi markets. Al Saqr United Group increased its stake in Ras Al Khaimah Real Estate Company from 10.19% to 10.24%, while Fouad Abdel Hadi Muhammad Mishal saw an increase in his ownership percentage in Aram Company from 5.12% to 11.81%. In Abu Dhabi, ADQ Aviation and Air Services Company’s ownership percentage in Abu Dhabi Aviation rose from 5% to 59.45%, while Maamoura Diversified Global Holding Company reduced its stake in the company from 30% to 12.17%. Ghobash Trade and Investment Company Limited also saw a decrease in its ownership percentage in the National Corporation for Tourism and Hotels from 5.48% to 5.47%.
In the Dubai market, Bonyan International Investment Holding Group raised its stake in Takaful Emarat from 5.30% to 8.77%, while Ahmed Ibrahim Ahmed Abdullah Al Hammadi raised his stake in Takaful Emarat from 6.66% to 6.97%. Additionally, Khaled Abdul Rahim Ahmed Al-Attar increased his stake in Takaful Emarat from 5.40% to 5.93%.
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Al Saqr United Group has been involved in several business ventures across the UAE over the past few years