Deals
Abu Dhabi Investment House Takes Stake in Zain Saudi
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Abu Dhabi Investment House has taken a 2.14 percent stake in Mobile Telecommunications of Saudi Arabia, known as Zain Saudi, Argaam reported, citing a prospectus on the restructuring of the company’s capital.
The shares were transferred last month to Abu Dhabi Investment House from Rakisa Holding based on a ruling by the general public complaints office, the news portal said. Abu Dhabi Investment House’s stake is equivalent to 30 million shares, the newspaper said.