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Emirates Investment Bank to seek shareholder approval to raise capital base to Dh1b
Emirates Investment Bank will be issuing a Dh650 million rights issue to push its issued capital to Dh1 billion from Dh350 million. This will be done through issuing 6.5 million shares at Dh100 apiece, and meant only for existing shareholders. EIB will place this proposal to the general assembly after…
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Click here to read the full story: Gulf News