DFM conducts direct deal on 5.25 million shares of Taaleem Holding Group worth AED 17.1 mn

DUBAI, 5th June, 2023 (WAM) — Dubai Financial Market (DFM) saw today a direct deal on 5.25 million shares of Taaleem Holding Group worth AED 17.16 million. The Group’s share closed 7.78 percent higher at AED 3.6 after trading of more than 32 million shares at the value of AED 113.1 million through 1,608 deals. National Bonds Company, a Sharia-compliant saving and investment company, today announced its acquisition of an additional 5 percent stake in the Taaleem Holding Group. This move solidifies National Bonds’ position as the largest shareholder in Taaleem with a 22 percent stake. Tariq Al Fahaam/ Amjad Saleh

Source: Emirates News Agency (WAM)