The $180m equity stake marks the initial strategic investment by Alpha Dhabi in the venture
Alpha Dhabi’s foray is aimed at driving impactful change in the circular economy sector and its broader vision of sustainable growth
Nammos has confirmed that its first hotel opening will take place as soon as this summer on the Psarou beach in Mykonos
The company brought in Dhs162.6m in revenue in H1 2022, compared to the Dhs70.1m it made last year
As a long-term strategic shareholder, Alpha Dhabi will continue to support Aldar’s management team as they execute its growth agenda
The Alpha Dhabi subsidiary will build solar photovoltaic power generation plants in Libya and sell the net delivered energy to the Libyan government
IHC has previously acquired stakes in SpaceX through a private equity fund
The investment has been made through its subsidiary Alpha Dhabi Partners Holding
Alpha Dhabi traded as high as Dhs20 in a direct listing