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First Abu Dhabi Bank to auction Al Jaber's Dubai Shangri-La hotel: sources
First Abu Dhabi Bank has started an auction process for a Dubai hotel operated by Shangri-La and owned by indebted construction group Al Jaber with a starting price of 700 million dirhams ($190.59 million), two sources said. Al Jaber, best known as a contractor but with interests across a range…
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