Dubai Investments acquires additional stake in National General Insurance Company (NGI)

Dubai Investments announced the execution of a direct deal, acquiring an additional 15.19% share of National General Insurance Company PJSC (NGI) from Emirates NBD Bank PJSC. The aggregate ownership has now reached 45.18%, following the acquisition of 21.53% acquired through DFM’s direct deal mechanism during the beginning of Q2 2021 and with the existing shares held by Dubai Investments, of 8.46%.

The acquisition of the additional stake further strengthens the Company’s presence within the insurance sector.