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Abu Dhabi Financial Group unit raises stake in Salama to 14.1%

Goldilocks Investment Co. has increased its stake in Islamic Arab Insurance Co. (Salama) PJSC to 14.1% from 9.9% using a share finance facility, Reuters reported, citing Goldilocks.

Goldilocks is an indirect unit of Abu Dhabi Financial Group. They own a combined stake of about 29.9% in Salama, the newswire reported.