UAE’s GII establishes new company in Bahrain to invest in food
- Date: 07-Feb-2023
- Source: GCC Business News
- Sector:Agriculture
- Country:UAE
UAE’s GII establishes new company in Bahrain to invest in food
Gulf Islamic Investments (GII) a leading Shari’ah-compliant global alternative investment company based in UAE, has opened a wholly-owned company named Gulf Ventures Capital.
Gulf Ventures Capital will be based in Bahrain, as part of GII’s strategy to expand its footprint in the MENA region and globally with a current presence in the UAE, London, and Frankfurt.
The company is set to invest in food, focusing on strategic food sustainability projects in agriculture, aquaculture, food processing and production, as well as logistics, green technology, and healthcare, aligning with the company’s vision for the GCC
Through investing in the food sector GII will be addressing the rising population, increase in the standard of living, disposable income and thereby the rising demand for food. Increasing local production in sectors that are experiencing a demand-supply gap, would improve the GCC food sector, and GII’s investments are aligned to narrow the gap, and create market competitiveness of locally produced and processed food, contributing towards long-term food sustainability.
Mohammed Alhassan
Founding Partner & Co-CEO – GII “Our commitment to building and increasing our footprint is a testament to our firm belief in the thriving GCC market. We see significant growth potential in food projects and logistics in Bahrain and the larger