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Report: Emirates NBD to help Dubai Group in SHUAA Capital stake sale

Investmentfirm Dubai Grouptapped Emirates NBD PJSC to look for a buyer for its stake in , Bloomberg Newsreported April 10, citing "two people familiar with the matter."

Thesale process is at an early phase and may not lead to a deal, according to thesources.

controls DubaiGroup, which owns a 48% stake in SHUAA Capital worth approximately $100 million,Bloomberg noted.