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- Gulf Ventures Capital will be covering food, agriculture, logistics, and green technology
Dubai: Gulf Islamic Investments (GII) a leading Shari’ah-compliant global alternative investment company, with over $3 billion of assets under management in Real Estate, Private Equity and Venture Capital, has announced the opening of 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 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 food sector GII will be addressing the rising population, increase in standard of living, disposable income and thereby the rising demand in food. Increasing local production in sectors that are experiencing demand-supply gap, would improve GCC food sector, and GII’s investments are aligned to narrow the gap, create market competitiveness of locally produced and processed food, contributing towards long-term food sustainability.
Mohammed Al Hassan, co-Founder, and co-CEO for GII commented, “Our commitment to building and increasing our footprint is 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 GCC region. We continue to deliver on our strategy through expanding our portfolio for our stakeholders and partners”
GCC food market by consumption is forecasted to reach 53.14 million MT in 2026, experiencing growth at a CAGR of 3.15% for the period spanning 2022-2026*.
The logistics sector is estimated to witness strong growth due to the increase in infrastructure investment by government & private sector to develop the region into a robust logistics hub with pro-business regulatory policies. It is estimated to register a CAGR of over 5% during the forecast period 2022-2027.
Pankaj Gupta, co-Founder, and co-CEO for GII also commented, “GII’s diversified investments prove our leadership in financial solutions and profitable partnerships. Our new presence in Bahrain offering different asset classes demonstrates our strong position in the region".
Saleh Albelushi the appointed CEO for Gulf Venture Capital commented, “it gives me pleasure to execute GII’s strategy for growth. Food, agriculture, logistics and green technology are sectors that we will focus on, covering not only Bahrain but also the GCC. It is exciting times and l look forward to translating GII’s vision in the region”
* GCC Food Market Report (2022 to 2026) - Technological Advancements are Aiding Food Production
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About Gulf Islamic Investments
Gulf Islamic Investments LLC (GII) is a leading Shariah compliant global alternative investment company.
With over $3 billion of assets under management, GII seeks to achieve superior & sustainable returns and long-term value for its investors & shareholders, by investing in curated growth & income opportunities. GII believes in ‘innovation with a purpose’ and hence works towards the sustainability of the ecosystem it operates in. Under the leadership of a committed management team supported by prominent shareholders from the region, GII deploys private capital across diverse asset classes including real estate, private equity, and venture capital. GII’s client network includes UHNWIs, family offices, banks, institutions, and sovereign wealth funds in the GCC and Asia. GII is headquartered in the United Arab Emirates with offices in Dubai, Abu Dhabi, Frankfurt and London. GII is regulated by the Securities and Commodities Authority (SCA).
www.gii.ae
Media Contacts
Suzanne Dagher
Head of Communications
communications@gii.ae