Dubai Investments acquires 21.53% of National General Insurance

Dubai Investments, a Dubai-based investment company, has acquired 21.53% of the National General Insurance (NGI) capital. The transaction involves the acquisition of 32.3 million NGI shares worth 3.27 AED (0.89 USD) each.

Dubai Investments’ total participation in the capital of the Emirati insurer is of 29.99%.

For the record, Emirates NBD Bank holds 15.19% of NGI's capital.