Dubai’s Gulf Islamic Investments Secures $100mln in Order to Expand Private Equity Business

Gulf Islamic Investments LLC of Dubai announced a significant event in its expansion strategy by successfully procuring $100 million from a number of investors.

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Among the major investors for the $100 million equity raise is Saudi Arabia’s Al Nahdi Family Office, heading the largest chain of pharmacies in Saudi Arabia.

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GII hopes to invest the freshly raised funds substantially in private equity. It has been focused on strategically acquiring, aggregating, repurposing.

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It has $4.5 billion in assets under management, cementing GII’s presence in the Middle Eastern financial landscape.

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The involvement of the Al Nahdi Family Office underlines the strategic alignment of the family’s investment philosophy with the growth trajectory of GII.

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The GII fundraise thereby counts toward the endorsement of Dubai’s status as a financial innovation and investment hub.

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