Economy Politics Local 2025-12-11T14:55:15+00:00

Gulf Navigation Comments on Share Price Decline

Gulf Navigation Holding stated it is unaware of any material information that could have negatively impacted its share price on the Dubai Financial Market.


Gulf Navigation Comments on Share Price Decline

The company stated that it has disclosed all material information in accordance with applicable laws and the disclosure requirements of the Dubai Financial Market, and that there are no material events or decisions that have not been announced. The company confirmed its full commitment to transparency and regulatory compliance, and the immediate disclosure of any material developments as required. This came in a clarifying statement regarding the decline in the company's share price from November 24 until the date of this disclosure, following the necessary internal review. Gulf Navigation's shares, listed on the Dubai Financial Market, fell to 3.3 dirhams after hitting the lower limit for nine consecutive sessions (from the November 24, 2025 session to the Wednesday, December 10, 2025 session).