Tag Archives: Abraaj Group

Will Abraaj Group be able to sell its stake in Spinneys?

Will Abraaj Group be able to sell its stake in Spinneys?

Arif Naqvi, CEO of Abraaj Group

Arif Naqvi, CEO of Abraaj Group

By Mohammed Ayyad

About four months ago, a senior official from the Abraaj Group (formerly Abraaj Capital) announced its intent to sell its stake in Spinneys and that it had received offers from large …