Africa's rich resources attract UAE companies
Zawya - United Arab Emirates
Dubai's Istithmar was involved in a $1bn joint venture in South Africa. ...But away from the media spotlight UAE investors have been quietly snapping up assets much closer to home - in Africa. ...Similarly DP World's purchase of ports in Mozambique, Algeria and Djibouti in the past few years largely went under the media radar. The company has established a firm grip on key shipping points along the coastline of Africa. ..."The UAE is strategically located to make inroads into Africa. ...And Istithmar has marched into Africa's tourism industry with a $230m investment in eight Rwandan facilities and the $150m Muyuni Beach hotel project in Zanzibar....
Zawya - United Arab Emirates
Dubai's Istithmar was involved in a $1bn joint venture in South Africa. ...But away from the media spotlight UAE investors have been quietly snapping up assets much closer to home - in Africa. ...Similarly DP World's purchase of ports in Mozambique, Algeria and Djibouti in the past few years largely went under the media radar. The company has established a firm grip on key shipping points along the coastline of Africa. ..."The UAE is strategically located to make inroads into Africa. ...And Istithmar has marched into Africa's tourism industry with a $230m investment in eight Rwandan facilities and the $150m Muyuni Beach hotel project in Zanzibar....
IFA eyes mixed-use resort in Brazil
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
...Phillip de Sylva, IFA HR vice president of operations for African and the Indian Ocean, said the company is currently looking at several locations in the South American country. ..."We are looking at one project to start off with [in Brazil], but there is potential in a very short space of time for much more," de Sylva said in an interview in South Africa. ...The company already has properties or projects underway in Dubai, Lebanon, the United States, Portugal, South Africa, Zanzibar, Kenya, Namibia, Thailand and the Seychelles. ...
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
...Phillip de Sylva, IFA HR vice president of operations for African and the Indian Ocean, said the company is currently looking at several locations in the South American country. ..."We are looking at one project to start off with [in Brazil], but there is potential in a very short space of time for much more," de Sylva said in an interview in South Africa. ...The company already has properties or projects underway in Dubai, Lebanon, the United States, Portugal, South Africa, Zanzibar, Kenya, Namibia, Thailand and the Seychelles. ...
Posts
No comments:
Post a Comment