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UAE lender ADCB to sell majority stake in Abu Dhabi Commercial Properties
Abu Dhabi Commercial Bank (ADCB), the UAE’s third-biggest lender, is set to sell a stake in its wholly owned subsidiary Abu Dhabi Commercial Properties (ADCP). The lender has received a binding offer for a majority share acquisition in ADCP from Nine Yards Plus Holding, the real estate arm of EIH…
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