Dubai food company Unikai removed 40% GCC shareholding limit

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

News

Unikai in Dh14.4m deal with Etihad Airways

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

UAE-based UNIKAI taps into Qatari FMCG market

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

United Kaipara not to distribute dividends

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

Most Viewed Companies

Ticker Price Volume

Valuation

UNIKAI Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
LULU 0.97 0.01 (1.04%)
SPINNEYS 1.21 0.00 (0.00%)
MEZZAN 1,134.00 2.00 (0.17%)
UNIONCOOP 2.11 -0.01 (-0.48%)
DRC.DFM 31.00 0.00 (0.00%)

Recent News

KIPCO named one of Forbes Middle East Sustainability Leaders

22/10/2026

KIPCO's - Kuwait Projects Company (Holding) - Group CEO, Sheikha Dana Naser Sabah Al-Ahmad Al-Sabah, has been named one of Forbes Middle East's Sustainability Leaders for the fourth consecutive year,

Kuwait Times

Shaikha Al-Bahar: Diversification underpins NBK's resilient performance amid regional challenges

22/10/2026

Shaikha Al-Bahar, Deputy Group CEO of National Bank of Kuwait (NBK), highlighted the Group's strong financial results in the first nine months of 2026, driven primarily by its core banking business d

Kuwait Times

Metal and Recycling inks plastic waste management deal with Equate

22/10/2026

Leading Kuwaiti group Metal and Recycling Company (MRC) said it has signed a plastic waste management agreement with Equate Petrochemical Company (Equate), under which it will manage and recycle the

Trade Arabia

Oman's oil output rises 12.3% to 305mn barrels in Jan-Sept

22/10/2026

Oman's oil production rose 12.3% in the first nine months of 2026, while the average price of its crude increased 14.7%. However, oil export volumes grew at a more moderate pace, according to officia

Muscat Daily

Alba reinforces industry leadership at London Metals event

22/10/2026

A senior delegation from Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, led by Chief Executive Officer Ali Al Baqali, engaged with key industry stakeholders during Londo

Trade Arabia