GII completes USD 100 mn capital increase for GCC expansion
The round saw participation from Saudi Arabia-based Al Nahdi Family Office and other investors
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The round saw participation from Saudi Arabia-based Al Nahdi Family Office and other investors
The funding round was led by Dubai-based Conjunction Capital
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Taqa owns a 35% stake in the project’s company
The JV is set to expand to the UAE and beyond later
The oil giant could raise between USD 10-20 bn, according to reports
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