last trade: 4.55 AED (23 May 2016) 0.00
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London -- A.M. Best has downgraded the financial strength rating to B+ (Good) from B++ (Good) and the issuer credit rating to "bbb-" from "bbb" of Al-Sagr National Insurance Company P.S.C. (ASNIC) (United Arab Emirates). The outlook for each rating has been revised to negative from stable.The rating downgrades reflect ASNIC's higher financial risk position, due to its affiliation with itsPress Release - 23-Aug-2016
Gulf General Investments Co. (GGICO) said it is facing a number of lawsuits mainly related to real estate disputes, pushing its shares down in the morning trade on the Dubai bourse.Emirates 24|7 - 17-Aug-2014