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Dubai
Tuesday, April 16, 2024
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Abu Dhabi’s Ethmar expands, acquires Gewan stake

Abu Dhabi’s Ethmar International Holding (EIH) acquires strategic stake in Gewan Holding, a diversified investment company. EIH has a history of establishing and acquiring over 30 companies across various sectors, while Gewan operates in real estate, hospitality, trading, and more.

This move aims to expand EIH’s presence and aligns with Abu Dhabi’s economic vision.

Ali El Gebely, EIH’s CEO, sees this partnership as a means to generate new job opportunities and sustainable returns.

Alaa Al Ali, Gewan’s CEO, anticipates further achievements troughs this collaboration.

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