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Bonyan International Investment Group signs a memorandum of understanding with Abu Dhabi Investment House (ADIH)

  • United Arab Emirates: Tuesday, December 13 - 2005 at 08:54
  • PRESS RELEASE

Bonyan International Investment Group has recently signed an MOU with Abu Dhabi Investment House (ADIH) to forge an alliance between the two groups for establishing a long-term relationship that will help diversify investment opportunities in the region.

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  • Left to right: Mr. Abdullah Atatreh, Chairman, Bonyan International Investment Group and Mr. Rashad Yousef Janahi, Chief Executive Officer, Abu Dhabi Investment House.
    Left to right: Mr. Abdullah Atatreh, Chairman, Bonyan International Investment Group and Mr. Rashad Yousef Janahi, Chief Executive Officer, Abu Dhabi Investment House.
Commenting on the agreement, Mr. Abdullah Atatreh, Chairman of the Board of Directors of Bonyan International Investment Group, said," this agreement marks a new era for Bonyan and will result in further diversifying our range of investment channels and opportunities offered to our end consumers. We are confident that our partnership with ADIH will further strengthen our position in the market and our association has been a result of the common goals and vision shared by the two organizations. "

Atatreh added,

"Signing MOU with ADIH is a new beginning for us that will open new horizons and help diversify the investment fields available in the region thereby making positive contribution to the economic growth through optimal utilization of resources."


Speaking on the occasion, Rashad Janahi, Chief Executive Officer, ADIH said: "Our tie-up implies that ADIH will have joint operations with Bonyan Investment Group. We are very proud of our strategic alliance with Bonyan and we look forward to supporting the Group's success in terms of investment structuring and engineering for its current and future projects. Our friends at Bonyan have welcomed the cooperation with us and the fact we have reached an agreement is very important for both parties."

"Our first investment initiative with Bonyan was the recent signing of a strategic partnership in the Arab Private Equity Fund and we hope that this cooperation will extend to all other investment fields," added Al Janahi.
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