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The Abu Dhabi state investment fund with big stakes in automaker Daimler and Italian bank UniCredit says it made 202 million dirhams ($55 million) in the first half of the year. Aabar Investments' earnings statement Sunday could be its last as a publicly traded company. Its shareholders are scheduled to meet later in the day to decide whether to take the company fully private.
The company didn't say how much it made in the same period last year. Aabar is unusual among the Gulf's often secretive investment funds in that it sells shares on the stock market, meaning it has to disclose more financial information than other state-run pools of cash. The oil-rich government of Abu Dhabi has a controlling stake in the fund.

Copyright Associated Press, 2010

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