Multiply Group to snap up 60.8% of Italian luxury packager ISEM
The remaining 39.2% will be held by Peninsula Capital and minority investors.
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The remaining 39.2% will be held by Peninsula Capital and minority investors.
Still, portfolios of riskier assets remain more conservative than in the West
Plus: DAE sounds out banks for sukuk
Plus: Eshraq Investments expands into the maritime and industrial sector
The project carries a total capex of USD 291 mn, with forecasts putting annual revenue at USD 195 mn
The fund reportedly invested EUR 1.4 bn alongside private equity firm PAI Partners
GDP reached AED 306.3 bn
Plus: Upfront raises USD 12 mn to scale hiring and expand into Saudi Arabia
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