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FINANCIAL NEWS
Deyaar Development raises foreign ownership to 25 percent
22 Apr 2014
(MENAFN) Dubai’s Deyaar Development said that it was granted approval from local authorities to increase foreign ownership cap to 25 percent, Arabian Business reported.
Currently, GCC investors can own up to 49 percent of Deyaar’s shares, while those from outside were not allowed to buy any stake.
Following the approval by the Dubai Financial Market, foreign investors can now own up to 25 percent of Deyaar.
Investors from the UAE have an unlimited share allocation as long as the percentage of shares remains at 51 percent and above.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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