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UAE ventures in biodiesel
- United Arab Emirates: Monday, September 01 - 2008 at 09:42
Dubai-based venture capital fund, Alf Yad Limited LLC has invested in EmBio, a capital venture investment positioned to be the producer of the first constant supply of high-grade biodiesel in the UAE and the GCC region. EmBio was conceptualised by UAE-based Ecobility Energy Solutions (Ecobility), a company focused on private sector sustainable development projects including renewable energy, resource conservation and sustainable buildings. Daman Investments will be the manager of the fund.
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Medilyn Manibo, Assistant News EditorMonday, September 01 - 2008 at 09:42 UAE local time (GMT+4)
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