Sunday 3 April 2011

Dubai World holds 36% of UAE investments in Comesa - Emirates 24/7

Dubai World is a major investor in Comesa, holding 36 per cent of total investments in the region from January 2003 to January 2011.

During the period, 67 companies from the UAE made 150 investments making Dubai World one among the top 10 investors, Jabulile Mashwama, Swaziland Minister of Industry & Trade and chairperson, Comesa Council of Ministers, said, without disclosing the total amount of investments.

Comesa stands for the Common Market for Eastern and Southern Africa and comprises of 19 member states –Burundi, Comoros, Congo, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Libya, Madagascar, Malawi, Mauritius, Rwanda, Seychelles, Sudan, Swaziland, Uganda, Zambia and Zimbabwe.

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