^{14 December 2023} ADCB announces the sale of 80% stake in Abu Dhabi Commercial Properties (ADCP) to Nine Yards Plus Holding

Abu Dhabi Commercial Bank (“ADCB”) has signed an agreement to divest 80% stake in its wholly owned property management subsidiary Abu Dhabi Commercial Properties (“ADCP”) to Nine Yards Plus Holding (“Nine Yards Plus”), a real estate subsidiary of EIH Ethmar International Holding PJSC (“EIH”).

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