Dubai-based jeweller Damas International aims to sell some assets of its founders within three years as part of a 600 million dirham ($163.4 million) repayment agreement, the company's CEO said.
Damas said in May it had signed a repayment agreement with its founding Abdullah brothers and creditors that cleared the way for selling certain assets of the founders.
"We're hoping that (the assets can be sold) within three years," Damas CEO Anan Fakhreddin told Reuters on the sidelines of a news conference.
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