Monday 10 February 2014

Dubai food investment fund to focus on food and beverage businesses in the Arabian Gulf | The National

Dubai food investment fund to focus on food and beverage businesses in the Arabian Gulf | The National:



"A Dubai-based investment group is putting its money where its mouth is, creating the country’s first private fund focused on food and beverages.



The move reflects the stability of demand for staples amid regional turmoil – a stability that home-grown companies have seized on.



Al Mal Capital said it was raising Dh60 million for the new fund, which is to invest in casual dining, bakeries, food processing and catering opportunities across the Middle East."



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