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Shuaa to hold 87.22% stake in Kuwait's Amwal investment bank after acquisition

Shuaa Capital’s plans to acquire Kuwait's Amwal International Investment Company is one step closer after Amwal shareholders, who collectively own a 70.9 per cent share, agreed to sell their stake. Dubai's Shuaa Capital will hold 87.22 per cent of Amwal after the acquisition is completed, the investment company said in…

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