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Asma Capital in $147million deal with UAE’s Utico

Asma Capital owned by sovereign institutions including Islamic Development Bank, Saudi Arabia’s Public Investment Fund (PIF) and Public Pension Agency, Ministry of Finance of Bahrain and Ministry of Finance of Brunei has signed a deal with Utico for a significant minority stake. The deal is valued overall at $147 million…

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Click here to read the full story: Gulf News

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