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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Sarh Al-Madina wins deal

Posted on 25 June 2009

From Arabtimesonline.com: As part of the restructuring plan for company’s investments, assets and liabilities, Sarh Al-Madina Real Estate Company signed an agreement with RAK Investment Authority (RAKIA) to cancel Al Hamra land purchase and directing the paid amounts to covering the remaining payments for the Al Marjan land.
This contract stipulates the following:……Full Article: Source


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