Browse related articlesAl Taif to invest $681m
United Arab Emirates: Thursday, March 06 - 2008 at 07:11
Al Taif Investment, a joint venture between Dubai Investments and Fujairah Investment Establishment, has been launched, with plans to invest Dhs2.5bn ($681m) over the next two years. The company has start-up capital of Dhs500m that it will initially invest in the region's real estate and viable industry ventures, and plans to buy existing companies and develop a diversified portfolio of projects in the near future.
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Jeff Florian, Senior ReporterThursday, March 06 - 2008 at 07:11 UAE local time (GMT+4)
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