tabarak buys majority stake in a private company
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Tabarak Buys Majority Stake in a Private Company

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleTabarak Buys Majority Stake in a Private Company

Ahmad Kilani, Chief Executive Officer at Tabarak
Abu Dhabi - Muslimchronicle

Tabarak Investment announced today the acquisition of over 80% stake in Abu Dhabi’s Tasweek Real Estate Development and Marketing PJSC.

The acquisition comes as part of Tabarak’s plans to diversify and support its real estate portfolio, which will now include Tasweek’s strategic international real estate investments including its innovative Marrakesh Healthcare City in Morocco, ‘The Haven Lakeside Residences” and Casabrina Vacation Villas in Malaysia.

Commenting on the acquisition, Ahmad Kilani, Chief Executive Officer at Tabarak: “We are delighted to start our investment year with this announcement, which represents a milestone in our opportunistic investment plan for the year. In the near future, Tasweek’s current investment portfolio will witness additional projects that are directly related to Tabarak’s investments.”

He continued: “Tabarak team will continue to navigate the market for favorable opportunities where we can intervene to drive critical change and deliver high financial returns. The core of Tabarak’s investment philosophy is to invest in Emirati ventures that would contribute and support the national economy, in line with the vision of the UAE’s wise leadership.”

Kilani added: “Tasweek’s innovative real estate offerings has proven its unique proposition. Benefiting from our network and market exposure, we are expecting high market demand in Tasweek’s local and international real estate projects.”

Established in 2011 in Abu Dhabi, Tabarak Investment is a private equity firm that transforms companies into outstanding performing businesses, while delivering high-returns to investors. The firm has a fast-growing and expanding portfolio with proven achievements in successful transformative acquisitions of local and international businesses in different industries including real estate, education, insurance, logistics and finance.

themuslimchronicle
themuslimchronicle

GMT 16:01 2017 Tuesday ,19 December

BCCI board elections date set

GMT 08:05 2017 Sunday ,17 December

Malaysian Premier praises EDB

GMT 09:58 2017 Saturday ,16 December

Saudi Arabia launches new SR30bn export bank

GMT 08:30 2017 Saturday ,09 December

World Bank signs $1.15 billion loan with Egypt

GMT 17:18 2017 Thursday ,07 December

EDB highlights Bahrain investment advantages

GMT 14:44 2017 Tuesday ,05 December

Saudi oil minister reaffirms OPEC output squeeze
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

tabarak buys majority stake in a private company tabarak buys majority stake in a private company

 



Themuslimchronicle, themuslimchronicle

GMT 06:40 2017 Saturday ,16 December

Walker needs brains not just brawn

GMT 08:15 2017 Thursday ,07 September

US oil giant ExxonMobil plans Cyprus gas exploration

GMT 18:11 2011 Monday ,18 April

Zimbabwe and Zambia in tug of war over Vic Falls

GMT 16:05 2017 Tuesday ,31 October

Qadih calls for involving private sector

GMT 09:20 2017 Wednesday ,15 November

Qualcomm spurns $130 bn Broadcom bid for big tech tie-up

GMT 13:43 2017 Tuesday ,24 October

Stabbed Russian journalist 'in recovery'

GMT 10:26 2017 Friday ,14 April

Sock topples Haas to reach ATP Houston quarters

GMT 14:00 2017 Saturday ,25 November

Sudan condemns terrorist attack in Egypt

GMT 09:40 2017 Monday ,04 December

Stade down Racing, Clermont edge plucky Agen

GMT 08:08 2017 Thursday ,05 October

Injury jinx strikes again as Iordache exits

GMT 11:20 2017 Tuesday ,05 December

Prodigal son: Saleh Saudi overture tips Yemen balance

GMT 09:35 2013 Saturday ,31 August

Afghan suicide attack kills 6, hurts 20 in south

GMT 23:36 2016 Sunday ,11 December

Suicide attack in Istanbul claims 29 lives

GMT 18:29 2013 Sunday ,10 November

Samsung\'s Galaxy Note 3 top 5m

GMT 14:52 2013 Sunday ,24 November

Computer game opponents begin to think, feel alike

GMT 18:55 2012 Wednesday ,02 May

8 Secret guy insecurities

GMT 19:27 2012 Thursday ,10 May

How to win over your boss

GMT 18:27 2012 Sunday ,29 April

Why I\'m better off without a baby

GMT 13:40 2012 Friday ,25 May

Sharnoubi to make documentary on singer Warda

GMT 12:58 2014 Friday ,28 November

Incredibly small apartment in Paris

GMT 00:44 2011 Sunday ,25 December

Modern glass house

GMT 10:51 2011 Tuesday ,05 July

Dior loses its way without creative director
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle