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Sunday, August 19, 2018 2:29 GMT
Dubai-based Gulf Navigation Holding has reported a loss of Dh14.761 million (US$4.01 million) for the first half of 2018, compared to profits of Dh19.029 million (US$5.18 million) during the same period last year. The company said that these results will have no effect on the next quarters of the year and one of the main reasons behind these results is the final settlement of the company’s legal dispute with a Chinese company that was due since the time of the previous administration, said a...More