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AED 2,500,000 - Dubai Marina

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Published: 27/01/2010

A Hong Kong investment group will be launching an investment fund to the tune of US$250million, in Dubai. ‘First Eastern Investment Group’ is focused on the infrastructure, transport, construction materials, electronics and property sectors.
The firm has said that wealth will return to the Gulf area with the increasing oil prices. The money will target Dubai’s service sector, including the hotel, shipping and oil industries.
First Eastern will also be looking out for an extra investment sum of US$50million from Abu Dhabi and the firm will be promoting the fund over the next few weeks to investors in China and various other countries.

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