Press
Management buy-out separates GRID Properties from Gulf Islamic Investments
PRESS RELEASE | 19/12/202419 December 2024: Dubai, UAE – Gulf Islamic Investments group (GII) has sold its majority shareholding in GRID Properties to Mr. Shreen Gupta, GRID’s CEO and an existing minority shareholder in the business, in a management buy-out with the full support of GII’s Board and management.
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Gulf Islamic Investments finalises investment in GEMS Education
PRESS RELEASE | 17/07/2024Mohammed Alhassan, GII’s co-founder and co-CEO, added, “As established investors, GII has a track record of investments across the GCC in several verticals, including in education, healthcare, logistics, food, education and real estate. We are very excited to develop our relationship with GEMS Education, the Gulf’s largest provider of private schooling.
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Gulf Islamic Investments and Logipoint create powerful new logistics platform in the Kingdom of Saudi Arabia
PRESS RELEASE | 27/05/202427 May 2024, Jeddah: Gulf Islamic Investments (GII) and Logipoint, a subsidiary of SISCO, have signed an agreement in Jeddah to create a joint venture for a logistics platform providing Grade A warehousing solutions across the Kingdom of Saudi Arabia in a deal worth over SAR 1 billion (approx. $300 million).
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Saeed Saleh Al Ghamdi appointed as new Board Member at GII Holding LLC
PRESS RELEASE | 24/05/202427 May 2024: Mr. Saeed Saleh Al Ghamdi brings over 26 years of experience in financial management. Mr. Saeed career path is filled with extensive diversified background including over 10 years at Procter & Gamble, followed by five years as Chief Financial Officer for the Saudi Arabian General Investment Authority (SAGIA).
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Brookfield acquires controlling stake in GII’s logistics platform
PRESS RELEASE | 02/05/2024May 2, 2024, Dubai (UAE): Brookfield Asset Management, through one of its private real estate funds, today announced that it has acquired a controlling stake in Gulf Islamic Investments’ logistics real estate platform. The portfolio, comprising 1.5M sq. ft. of high quality warehouses in the UAE, marks Brookfield’s foray into the logistics sector in the region. Brookfield plans to invest and scale the platform overtime through the acquisition and development of high-quality logistics real estate assets.
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Edamah and Badia Farms partner on innovative new agricultural project in Bahrain
PRESS RELEASE | 25/03/202425 March 2024: Manama, Kingdom of Bahrain: Bahrain Real Estate Investment Company (Edamah), the real estate arm of the Kingdom's sovereign wealth fund, Bahrain Mumtalakat Holding Company (Mumtalakat), announced a strategic partnership with Badia Farms, a leading controlled environment food producer, which will invest several million dollars in a new sustainable farm in the Kingdom of Bahrain. The initiative will enhance Bahrain’s agricultural industry by introducing innovative sustainable farming practices from an experienced agricultural producer.
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Gulf Islamic Investments acquires a significant stake in Saudi Arabia’s Abeer Medical Company
PRESS RELEASE | 15/01/202415 January 2024, Dubai (UAE): Gulf Islamic Investments (GII) has signed agreements to acquire a significant equity stake in Abeer Medical Company (Abeer), the largest affordable healthcare services provider in the Kingdom of Saudi Arabia, in a deal valued at an estimated SAR 600 million.