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Emirates NBD announced the sale of its entire stake in the National General Insurance Company to Dubai Investments, by selling about 23 million shares at a price of 3.12 dirhams per share, representing 15.2% of the issued shares.
According to Arabiya Net, the total value of the deal is about 71 million dirhams.
Noting that Dubai Investments Company owns 45% of the National General Insurance Company.
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