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|18 June, 2018

Gulf Navigation nods to issue $27mln Sukuk

The company last reported a 5% growth in its gross profits, reaching AED 10.15 million in the first three months of 2018

Image used for illustrative purpose. An employee of the Korea Exchange Bank (KEB) counts U.S. 100-dollar bills at the bank's headquarters in Seoul October 13, 2008.

Image used for illustrative purpose. An employee of the Korea Exchange Bank (KEB) counts U.S. 100-dollar bills at the bank's headquarters in Seoul October 13, 2008.

REUTERS/Lee Jae-Won

Gulf Navigation nods to issue AED 100 million Sukuk The Sukuk’s value will be AED100 million, according to a statement to the Dubai Financial Market (DFM). The company last reported a five per cent growth in its gross profits, reaching AED 10.15 million in the first three months of 2018, reported Mubasher.

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