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Eshraq and Shuaa clash over convertible bond subscription claims
Eshraq denies that it committed to the mandatory convertible bond subscription, while Shuaa insists it had a binding agreement
THIS MORNING: Shuaa Capital covers first tranche of mandatory convertible bond issuance + Abu Dhabi vertiport locations shortlisted
Plus: GCC could add USD 2.8 tn to its GDP by improving productivity -report
THIS MORNING: Sidara makes final play for Wood Group + President in China
Plus: Drake & Scull’s shares soared 30% on its return to the DFM
Earnings watch: Adnoc Gas + Drilling, Empower, Bank of Sharjah, Investcorp, Invictus, MBME, Burjeel, and more
Two Adnoc subsidiaries report earnings growth
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