UPDATE 1-Air Arabia has $336 million overall exposure to Abraaj | Reuters:
"Air Arabia has an overall exposure of $336 million to Dubai-based private equity firm Abraaj, which has filed for provisional liquidation, the airline said on Wednesday. The carrier said in a statement emailed to Reuters that it had appointed a legal representative to protect its business. Shares in Air Arabia, the only listed airline in the United Arab Emirates, plunged 7 percent this week because of the link between the airline and Abraaj."
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