Abu Dhabi – Mubasher: Gulf Capital’s total investment portfolio has reached AED 14 billion, with real estate investments making up around 50% of the total portfolio, Al Ittihad newspaper reported, citing co-founder and CEO Karim Al Solh as saying.
Investments by Gulf Related, the firm’s real estate arm, have reached AED 7 billion, Solh told the newspaper, noting that these investments are divided between Abu Dhabi and Saudi Arabia, at AED 6 billion and AED 1 billion, respectively.
Around 90% of the company’s investments are focused on the Gulf region, particularly property development, he added.
Over the past decade, Gulf Capital has increasingly focused on new sectors with high growth rates such as health, education, food industries, and information technology, Solh noted.
Gulf Related’s investments in Saudi Arabia include the development of Riyadh’s Antara residential complex, which will house 525 villas and townhouses that will be available for rent.
