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ADCB fund attracts $163m
- United Arab Emirates: Monday, May 09 - 2005 at 07:58
The Abu Dhabi Commercial Bank has announced that its first mutual fund, Al Nokhita, has attracted $163m since its launch last month. The fund invests in UAE securities, GCC money markets and IPOs. Officials said they expected the UAR stock market to remain strong, promising good returns for investors.
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Peter J. Cooper
