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Mideast SPAC Trickle May Turn to Flood as Dubai’s Shuaa Capital Plans 3 Launches
Dubai financial services firm Shuaa Capital PSC is considering setting up three blank-check companies of around $200 million each, according to people familiar with the matter, rapidly opening up the booming market for special purpose acquisition vehicles to Gulf investors. Shuaa, which manages close to $14 billion in assets, approached…
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Click here to read the full story: Bloomberg