Group hopes to expand GCC-Asia relations
Asiya Investments Group has opened an advisory office in Dubai in order to expand investment portfolios between the GCC and Asia.
The group, formerly known as KCIC and listed on the Kuwait stock exchange, claims to be the first and only GCC-based investment company to focus entirely on the Middle East and Asia, according a media release from the company.
“The group’s transition into a client focused business marks the third phase of our growth following our establishment with US$300m dollars of capital and subsequent expansion from a focus on China to investing across the developing Asian countries,” said Ahmad Al-Hamad, group managing director of Asiya Investments and chairman of Asiya Investments Dubai.
“Co-investors are now not only able to invest in our funds and companies, but can also benefit from our advisory and research resources and expertise.”
According to the company, trade and financial flows between the GCC and emerging Asian economies, excluding Japan, account for 50 per cent of global growth in real terms. And the company is hoping to build on this expansion.
The company said it is also hoping to open an office in Hong Kong in the near future.
Asiya Investments Group has opened an advisory office in Dubai in order to expand investment portfolios between the GCC and Asia. The group, formerly known as KCIC and listed on the Kuwait stock exchange, claims to be the first and only GCC-based investment company to focus entirely on the Middle East and Asia, according a media release from the company. “The group’s transition into a client focused business marks the third phase of our growth following our establishment with US$300m dollars of capital and subsequent expansion from a focus on China to investing across the developing Asian countries,” said Ahmad...
Asiya Investments Group has opened an advisory office in Dubai in order to expand investment portfolios between the GCC and Asia.
The group, formerly known as KCIC and listed on the Kuwait stock exchange, claims to be the first and only GCC-based investment company to focus entirely on the Middle East and Asia, according a media release from the company.
“The group’s transition into a client focused business marks the third phase of our growth following our establishment with US$300m dollars of capital and subsequent expansion from a focus on China to investing across the developing Asian countries,” said Ahmad Al-Hamad, group managing director of Asiya Investments and chairman of Asiya Investments Dubai.
“Co-investors are now not only able to invest in our funds and companies, but can also benefit from our advisory and research resources and expertise.”
According to the company, trade and financial flows between the GCC and emerging Asian economies, excluding Japan, account for 50 per cent of global growth in real terms. And the company is hoping to build on this expansion.
The company said it is also hoping to open an office in Hong Kong in the near future.
