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- Zain Bahrain launches ultra fast EV chargers
- HUMAIN, Adobe to build AI models, applications to suit Middle East culture
- UAE's Space42, EDGE Group plan Satcom manufacturing alliance
- Baker Hughes awarded multi-year contract for Aramco projects
- Riyad Capital launches new $453m residential development fund
- Alkhorayef seals Saudi sewer networks development contract
- Dubai launches 22m sq ft auto market development project
- Kuwait economy to pick up growth momentum in 2026
- QSE to facilitate constructive dialogue with global institutional investors
- Dukhan Bank announces November winners in Thara'a savings account draw
27/08/2025 05:11 AST
The DFM-listed dairy company Unikai has removed the 49% ceiling on shareholding allowed to GCC investors. From now on, they are eligible to go all the way up to 100% in Unikai, whose brands have a fair share of the UAE market for milk, yoghurt and frozen desserts.
Starting today (August 27), the 49% limit no longer exists. More listed companies in the UAE now allow up to 100% shareholding by GCC or foreign nationals. For instance, the foreign shareholding in Lulu Retail is now at over 76%.
The Unikai share has in the last 30 days seen an over 10% increase to Dh6.8. For the year-to-date, it's still down by 8.97%.
In the second quarter, the company recorded an increase in net profit to Dh8 million from Dh4.9 million.
Fund inflows into UAE stocks from the GCC and overseas have been on the up and and up since the start of the year.
Gulfnews
08/11/2016
Unikai Foods, one of the largest dairy food companies in the Arabian Peninsula, has entered into an exclusive three-year partnership with Etihad Airways.
Valued at Dh14.4 million, the agreem
Gulfnews
29/05/2016
United Kaipara Dairies (UNIKAI), one of the largest fast moving consumer good (FMCG) companies in the UAE, has signed a memorandum of understanding (MoU) with Qatar Foods & Services, to make availabl
Trade Arabia
27/03/2015
United Kaipara Dairies Company announced it would not distribute any dividends for 2014. The announcement came during the company's Ordinary General Meeting, which was held on Wednesday in Dubai.
Gulf News
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21/11/2025
Zain Bahrain has unveiled 360kW ultra-fast EV chargers at the company's headquarters in Seef, the fastest of its kind in the kingdom, the company said.
The chargers feature advanced liquid-c
Trade Arabia
21/11/2025
Space42, the UAE's leading AI-powered SpaceTech company with global reach, and EDGE Group, one of the world's leading advanced technology and defence groups, today announced the formation of a strate
Trade Arabia
21/11/2025
Baker Hughes, an energy technology company, has announced that it has secured a multi-year contract with China Petroleum Engineering & Construction Corporation (CPECC) for a major project of Saudi oi
Trade Arabia
21/11/2025
Riyad Capital, one of the kingdom's largest asset managers and a leading company in real estate investment, has announced the launch of a new residential development fund valued at SAR1.7 billion ($4
Trade Arabia
21/11/2025
Saudi-based Alkhorayef Water and Power Technologies Company has announced that it has secured a contract worth SAR221 million ($59 million) from the National Water Company for sanitary sewer networks
Trade Arabia
Financial Information Co.
Saudi Arabia