Middle East business information



AD Invest buys stake in Ekol


United Arab Emirates: 2009-11-12 11:08:50
Abu Dhabi government-owned financial services firm, Investment AD has agreed to invest €50m in a significant minority stake in Turkey's leading integrated logistics company, Ekol Lojistik A.Ş. (EKOL). The transaction was structured in the form of a capital increase to help Ekol fund its expansion plans.