Al-Sayr Marine Divests Stocks
Al Seer Marine Equipment and Supplies Company (Al Seer Marine) sold part of its investments in publicly listed stocks as part of its financial portfolio management. The proceeds from the sale were used to directly repay a loan of 600 million AED due in September 2026, resulting in a decrease in borrowings and related financing costs. The repayment was fully completed and contributed to strengthening the company's financial position.
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