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AIAP to invest in Qatar logistics

Ali Iskandar Al-Ansari & Partners Company (AIAP) - Qatar is seeking to increase its capital from QR36m to QR450m. AIAP will expand in the transport, supplies, and logistic service sectors, in cooperation with Capivest Investment Bank - Bahrain. The company is in the process of executing the private placement by offering 59.8% of the capital of Gulf Holding Company to Qatari investors, with a value approaching QR404m, and 32.2% of the capital of Capitra Investment to Gulf, Arab and foreign investors, with a value of QR217m.