Dubai-Mubasher: Dubai-based retailer Aswaaq plans to pump investments worth AED 250 million in Dubai’s retail sector till the end of 2017, as part of its strategic plan on the short-term, according to the company's statement.
The company is 99% owned by Investment Corporation of Dubai (ICD) and Mohamed Mohammed Bin Rashid Establishment for Young Business Leaders has 1% stake.
Aswaaq CEO Yousef Sharaf said that the company continually aims to achieve its Vision 2021 and become a successful business model in the region.
