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Son has 35% of his SoftBank shares pledged as collateral

  Bloomberg SoftBank Group Corp. founder Masayoshi Son increased the amount of stock pledged as collateral to financial institutions to 175.25 million shares, or about 35% of his total stake in the Japanese conglomerate. The 65-year-old billionaire disclosed an increase of about 4.3 million shares as of February 13, worth about 24.5 billion yen ($183 million) at current prices. This ...

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Naser Taher awarded ‘chairman of the year’

  Dubai The Le Fonti Awards held on Thursday night at The Palace in Downtown Dubai at an international ceremony attended by prominent business leaders from around the globe. The annual awards seek to honor the highest levels of business excellence and are acclaimed across the industry as a true mark of quality. At the ceremony, Multibank Group was honored ...

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Reem Hills’ recently-launched new phase completely sold out

  Abu Dhabi / Gulf Time After its recent phase launch earlier this week, Reem Hills, developed by Q Properties, announces that all available homes in the newly launched phase of the new AED8 billion gated community on Abu Dhabi’s Al Reem Island have been sold out. The phase includes five clusters of luxury residential units, ranging from spacious 3-bedroom ...

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