Aabar Investments

UAE's Aabar buys 5.1 percent stake in Egyptian developer Palm Hills

Aabar Investments INPTV.UL has acquired a 5.1 percent stake in Egypt's second-largest listed real estate developer Palm Hills (PHDC.CA), Palm Hills said in a statement on Sunday.

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IPIC pays off loan that purchased bank stake

A USD2 billion loan was paid off in full by state owned IPIC from RHB Capital.

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