Home » Dubai Venture Capital Firms »


|| Dubai firm acquires land in Texas for commercial and residential project

mag-dubai.jpgDubai-based conglomerate MAG Group (Moafaq Ahmed Al Gaddah Group) is developing a mixed-use commercial and residential project in Texas, its only real estate project outside of the UAE - ArabianBusiness is reporting.

The Group has acquired some 80 acres of land in Frisco, Dallas, with the project currently in the design stage. MAG Group owner and chairman Moafaq Ahmed Al Gaddah said: “We have undertaken studies on the US market and one of the fastest growing cities there for the residential market is Dallas. It has lots of yearly residential growth. We saw a gap in the market and went for it.” (In February the mayor of Frisco, Dallas visited Dubai)

MAG Group is listed in the Middle East Investors Directory with the code SINMA13



Previous Post: DubaiBeat.com an official partner of Citizenship by Investment & International Residence Conference
Next Post: Bahrain investment firm acquired US firm Totes Isotoner

More from Dubai Venture Capital Firms ...


  Dubai Tahseen and consortium invested $2 million in Latin American firm OlaClick

  Dubai VC firm Millennial Capital invested in US firm Blue Studios

  Dubai venture capital firm Sahra and a consortium invested $11 million in UK firm Qredo

  Dubai VC firm Millennial Capital invested in San Francisco Unifimoney

  Dubai venture capital firm MindShift invested in US firm OtoNexus Seriec C

  Dubai investors of Amanat invested $5 million in US ed-tech firm

  Dubai investment firm Wamda acquired stake for $5 million in agro-fintech Turkish startup

  Dubai TS Investment and consortium acquired stake in Korean firm for $14 million

  Dubai VentureSouq and consortium acquired stake in US gaming company for $2 million

  Dubai firm DP World acquires $50 million stake in Virgin Hyperloop





|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.










Copyright 2007-2025 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   LinkedIn    Twitter

Powered by Insightice