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UAE's Meraas Holding to sell stake in Roxy Cinemas

UAE's Meraas Holding to sell stake in Roxy Cinemas
The company is going to search for potential buyers

Dubai – Mubasher: Meraas Holding on Wednesday stated that it was planning to sell a stake in Roxy Cinemas, according to Bloomberg.

The state-run company is going to search for potential buyers, in order to raise funds to finance its expansions, Bloomberg added.

The Dubai-based real estate developer is currently executing megaprojects across the UAE.