Air Arabia disclosure draws investor attention to Abraaj fallout

Air Arabia disclosure draws investor attention to Abraaj fallout:

"Air Arabia’s disclosure that it was an investor in Abraaj has focused investor attention on other market fallout after the buyout firm filed for voluntary liquidation last week.
Air Arabia shares held steady in Tuesday trading, a day after the stock tanked on the revelation the carrier was exposed to Dubai-based Abraaj.
The Sharjah-based carrier’s shares were slightly higher in afternoon trading, after slumping to an 11-month low on Monday."



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