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 Dubai Angel Investor Fadi Ghandour launched a new VC fund with IFC

fadi-2014.jpgFadi Ghandour, one of the most notable angel investors from Dubai and the Middle East, today announced a new venture capital fund with the International Finance Corporation (IFC) as co-investor.

Fadi, an early investor in Maktoob internet portal that was sold to Yahoo for $164 million, is the chairman of logistics firm Aramex and an active investor from the Middle East. His other investment firms are Wamda Capial and MENA Venture Investments.

(More details about his firm "MENA Venture Investments" can be found in the Middle East Investors Directory under the code SINX1)

More details follows from Wall Street Journal

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 Dubai listed firm Aramex acquired South African firm for $55 million

aramex-sa.jpgAramex, a Dubai-based logistics firm, has acquired Berco Express, a South African logistics and transportation firm, for $55.5 million.

Established in 1982 and traded on the NASDAQ from 1997 to 2002, Aramex today is a publicly traded company in Dubai employing more than 9,000 people.

(Fadi Ghandour, founder and CEO of Aramex is an active angel investor from the Middle East. More details about his investment firm "MENA Venture Investments" can be found in the Middle East Investors Directory under the code SINX1)

More details follows

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 Dubai listed Aramex acquired Irish freight forwarder

aramex-aqua.pngDubai-listed logistics firm Aramex has announced the acquisition of Ireland-headquartered Aquaship Agencies, a liner agent and freight forwarder.

This acquisition in Ireland is the latest in a series of recently formalized international partnerships and acquisitions by Aramex, including in Turkey, Malaysia, Bangladesh, Vietnam and Kenya.

Their full release follows

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