December 6, 2022

Air Arabia shares fluctuate on exposure to Abraaj funds

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By Archana Narayanan and Filipe Pacheco From Bloomberg Air Arabia PJSC swung between gains and losses after the airline disclosed exposure to funds managed by Abraaj Group Ltd., the Dubai-based private equity firm that’s battling creditors. The shares fell as much as 3.8 percent in Dubai before rising 2.9 percent. Trading volume was at about […]