Complex Made Simple

$40.8m Arzaq established

Arzaq Holding has been established in the UAE as a private shareholding company with a paid-up capital of $40.8m. The firm will look to invest more than $130m in the financial, real estate and industrial sectors across the GCC over the next 12 months. Sheikh Tariq bin Faisal Al Qassimi is the Chairman, while representatives of firms such as the Kanoo Group and Zabeel Investments are among the founders.