EIA Acquires 10.22% Stake In ’du’ #Dubai - Dubai City Guide
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EIA Acquires 10.22% Stake In ’du’
(16 June 2019)

  

Emirates Investment Authority, EIA, has increased its stake in Dubai-based firm Emirates Integrated Telecommunications Company, du.

The UAE sovereign wealth fund acquired 463.263 million shares from Mamoura Diversified Global Holding PJSC and General Investments FZE in a special deal. This latest move represents nearly 10.22 percent of du's issued share capital.

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