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Alpha Dhabi May Tap Debt Market for $2.2 Billion Investment Plan – Bloomberg

Posted on December 20, 2021 By Investments No Comments on Alpha Dhabi May Tap Debt Market for $2.2 Billion Investment Plan – Bloomberg

Alpha Dhabi Holding PJSC, one of the United Arab Emirates’ biggest public companies by value, may tap debt markets as part of plans to invest as much as 8 billion dirhams ($2.2 billion) in sectors ranging from hospitality to petrochemicals.

The firm is looking for opportunities to deploy capital in private and public assets in the country as part of its new strategy, Chief Executive Officer Hamad Al-Ameri said in response to questions from Bloomberg. It will also explore investments across the Middle East and North Africa, the U.S., India and Pakistan.

Source: https://www.bloomberg.com/news/articles/2021-12-19/alpha-dhabi-to-invest-273-million-in-adnoc-chemicals-project

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