Hedge Funds & Alternative Investments
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Mövenpick Dubai sold by Alwaleed's Kingdom Holding for $95m
Dubai-based Kingdom Hotel Investments, a subsidiary of Saudi Arabia's Kingdom Holding Company, has sold its 100 percent interest in Movenpick Hotel and Apartments Bur Dubai. The group sold its stake to a UAE-based investment company for $95 million in November this year, it was announced on Sunday. Commenting on the…
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Click here to read the full story: Arabian Business