23 C
Tuesday, April 16, 2024

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.

Next Article


Related Articles

Gold and Oil Surge Expected as GCC Stocks Brace for Pressure Amid Iran-Israel Conflict, Impending Turmoil

Gold and Oil Surge, GCC Stocks Brace for Impact Amid Iran-Israel Conflict Gold prices have surged to unprecedented levels in recent weeks, reaching record highs,...

Touchstone Infotech: Pioneering Innovation in Digital Solutions for Small Businesses

Introduction:In the bustling landscape of startups and small businesses, Touchstone Infotech shines as a beacon of innovation and transformative digital solutions. Founded by Prashant...

Emirates’ Eco-Warrior Endeavor: Global Recognition for Dubai-Based Airline’s Plastic Reduction Initiative

Emirates' Eco-Champion: Global Acclaim for Dubai Airline's Plastic Reduction Initiative Emirates airline's commitment to reducing plastic waste through closed-loop recycling has garnered global recognition, positioning...

UAE Gold Prices Reach New All-Time High, Surging by Dh4.50 per Gram

UAE are advised to stay informed and exercise caution when navigating the gold market, keeping in mind the potential risks and rewards associated with...

Emirates Publishers Association Sheds Light on Emirati Children Book Publishing at 2024 Bologna Children’s Book Fair

Emirates Publishers Association (EPA) played a significant role in highlighting Emirati children's book publishing at the 2024 Bologna Children's Book Fair. Sharjah, 9 April 2024:...

Latest Articles