Dubai Group sells 7% stake in egypt's Hermes for USD 120mn.
Dubai Group, a unit of Dubai Holding, sold a 7% stake in Egyptian investment bank EFG Hermes for USD 120mn, Al Arabyiya television reported.
)According to Addustour newspaper, a recently released report by the Inter-Arab Investment Guarantee Corporation shows that the UAE had received 19% of the total pan-Arab investments in 2009.