GCC economies, businesses must prepare for ‘Golden Age’ of investments: Shuaa’s Jassim Alseddiqi

SourceGulf News
SectorEconomy
CountryGulf

Dubai: An Abu Dhabi based investment group – ADFG - acquires the former HQ of Scotland Yard in London… And later picks up majority stake in London-based luxury developer Northacre… A Dubai-based investment company – Shuaa Capital - commits a major investment in the Middle East's leading music streaming portal – Anghami - and is following that up with its listing in June on Nasdaq in New York. It would be the first such by a regional tech company on the US stage. Up in Bahrain, another investment company – GFH - has been channeling funding into building up a substantial asset portfolio, whether it's in US hospitality space or logistics interests in Europe. So, what's common to these seemingly disparate investments? They all bear the personal stamp of Jassim Alseddiqi, that's what.

In these six years, Alseddiqi has built up his credentials as one canny deal-maker in the Middle East. And with the Anghami listing on Nasdaq, he's...read more...