Saturday 16 June 2012

Business - UAE groups to invest in Nigeria

The UAE’s leading businessmen have confirmed their interest in exploring Nigerian market by investing in various economic sectors following the fruitful discussions at a business network meeting with visiting high-profile trade delegation from the African country last week.
The exclusive meeting, hosted by Mulk Holdings and Icons Club and attended by 30 most prominent businessmen of the region, discussed the trade and investment opportunities in the lucrative markets of Nigeria. The business heads of at least 10 leading groups, who held one-to-one meeting with Nigerian trade team, showed the interest to expand their business in the African country.
Mulk Holdings, Danube Building Materials and many other Icons members expressed their firm interest to invest in key economic sectors of Nigeria. Freddy Sidhwa of Seven Seas Ship Chandeliers will explore shipping; IP Khaitan, chairman, Khaitan Holdings, shows interest in mining and Arif Naqvi seeks to invest in airport management and duty-free venture.

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