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Shuaa Capital sells 20% stake in Abu Dhabi utility company

Dubai-based investment bank Shuaa Capital sold its 20 per cent equity stake in the Mirfa International Power and Water Company in Abu Dhabi's Al Dhafra region to Japan's Sojitz Corporation. The disposal is part of the company's "planned exit strategy" in the $1.5 billion project in which Shuaa Capital invested…

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