The Abu Dhabi-based financial investment management company, Al Dhabi Capital, has launched an equity fund focused on the Middle East and North Africa region.
According to Arabia Net, the fund was established with an initial capital of $100 million provided by the parent company, Al Dhabi Investments, based in the UAE.
The company, which manages shares worth more than $600 million for investment companies, stated that the new fund follows a distinguished investment methodology in selecting and evaluating the shares of companies that will be purchased in the markets. selected, so that its trading liquidity is high, and the return on investment in it in the long term is feasible.
The company's headquarters is in the Abu Dhabi Global Market, an international financial center in the UAE capital, while the fund's headquarters are in the Cayman Islands.