Integrated Capital, the capital markets arm of Abu Dhabi Financial Group (ADFG), has acquired more than 28.61 million shares in Gulf Navigation Holding, bringing its shareholdings in the Dubai-based shipping company to 5.19 per cent.

Integrated Capital will be approaching stakeholders in Gulf Navigation to seek dialogue on its turnaround activities, a statement said.

Integrated Capital is a UAE Central Bank licensed investment company based in Abu Dhabi, UAE. – TradeArabia News Service