Mawarid Finance In Acquisition and Financing Mood
Mawarid Finance, The Islamic finance company based in UAE, is looking to acquire stakes in firms in Jordan, Qatar and India, according to Emirates Business 24|7.
Although they prefer to invest in the Islamic finance sector, they consider other sectors as well. For example they have property investments in Germany and the UK, and telecom investment through Etisalat Misr.
They have recently been quite active in tie-ups with local governments like Dubai, Abu Dhabi and Sharjah to help them in their SME financing activities.
(Our directory of investors in the Middle East have more details on other Private Equity and investment firms in the Middle East like Mawarid Finance)
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