Tuesday 5 November 2024
 
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Dubai Investments divests 50pc stake in driving centre

Dubai Investments has announced that its private equity subsidiary Masharie has divested its 50 per cent stake in Drive Dubai, one of the emirate's leading driving centres, for Dh35 million ($9.5 million). The stake sale gener

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Dubai Investments divests Marmum Dairy, USP

Dubai Investments (DIC) has announced that its wholly-owned subsidiary Dubai Investments Industries (DII) has divested its 100 per cent stake in Marmum Dairy Farm and its distribution unit United Sales Partners (USP) to UAE-based Elite Agro, a s

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Dubai Investments divests Marmum Dairy, USP

Dubai Investments (DIC) has announced that its wholly-owned subsidiary Dubai Investments Industries (DII) has divested its 100 per cent stake in Marmum Dairy Farm and its distribution unit United Sales Partners (USP) to UAE-based Elite Agro, a s

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Masharie divests 51pc stake in rubber firms for $9.9m

Masharie, the private equity arm of Dubai Investments – a leading investment company listed on DFM, has divested its 51 per cent stake in both International Rubber Company (IRC) and Techno Rubber Company (TRC) for Dh36.5 million ($9.9 mill

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Masharie divests 51pc stake in rubber firms for $9.9m

Masharie, the private equity arm of Dubai Investments – a leading investment company listed on DFM, has divested its 51 per cent stake in both International Rubber Company (IRC) and Techno Rubber Company (TRC) for Dh36.5 million ($9.9 mill

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Dubai Investments divests 40pc stake in M'Sharie

Dubai Investments has divested 40 per cent of its shareholding in M'Sharie, its private equity arm, via a private placement targeted towards selected strategic investors across the GCC. The divestment of M'Sharie will allow Dubai

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Al Qudra divests chairman of authority

Abu Dhabi-based Al Qudra Holding, which in March dropped plans to sell shares in what would have been the UAE's second-largest initial public offering, said on Tuesday it had divested its chairman of authority. "Salah Al-Shamsi is still th

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