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Dubai Billionaire Sajwani Buys Bankrupt Swiss Diamond Jeweler

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Billionaire Hussain Sajwani’s Damac Group has purchased De Grisogono SA, a Swiss luxury jeweler that filed for bankruptcy early 2020, as part of the Dubai firm’s expansion into high-end fashion. Alongside the deal, Damac said it launched a property project called Safa One by de Grisogono in Dubai, featuring cascading…

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