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Tag Archives: a family owned business in Abu Dhabi

UAE group Al Jaber to raise $1.6bn from asset sale

Al Jaber Group, a family owned business in Abu Dhabi, UAE, has almost doubled the amount of cash it intends to raise from asset sales including real estate and shares under a new debt repayment plan it offered to creditors, two people with knowledge of the matter said. The group, with interests spanning construction, engineering and shipping, plans to raise ...

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