Emirates NBD Bank to sell its stake in NGI
Emirates NBD Bank is selling its entire stake of 15.19% in the capital of National General Insurance (NGI) to Dubai Investments. The transaction is valued at 71 million AED (19.3 million USD).
In April 2021, the bank had already sold 21.53% of NGI's capital to Dubai Investments.
The investment company now holds 45.18% of the Emirati insurer's capital against the 8.46% it owned previously.
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Wed, 28/07/2021 - 09:27
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