National Industries Park (NIP) has signed an agreement with Al Bayader International to develop a AED180 million ($50 million) integrated manufacturing and logistics hub in Dubai, expanding regional food packaging production capacity by up to 30,000 tonnes annually.
GII, a global shari’ah-compliant alternative investment company, has announced the completion of a minority equity investment in Hotpack, one of the GCC's largest food packaging manufacturers. This acquisition further cements GII's position as one of the most active private equity players in the region.
