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Saraya fund seeks $250m
- Thursday, March 16 - 2006 at 13:58
Saraya Holdings, Arab Bank, and Atlas Investment Group are taking the Saraya Real Estate MENA Fund on a roadshow throughout GCC countries. Promoters are seeking to raise $250m through an issue of 2,500 units with a par value of $100,000 per unit, of which Saraya Holdings and Arab Bank have committed to provide a seed capital of $25m each.
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James McInerney, News EditorThursday, March 16 - 2006 at 13:58 UAE local time (GMT+4)
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This article was updated on Fri Mar 17 2006.
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