Gulf Islamic Investments fund acquires stake in Canadian firm

Dubai – Mubasher: The UAE-based Gulf Islamic Investments on Thursday said that the GII Tech Ventures Fund for technology investment has acquired 11% of the Canadian company Nymi Inc.

Gulf Islamic Investments will provide Nymi with a financing package, bringing up the total investment in the technology sector during the past 24 months to about $500 million.

 

Mubasher Contribution Time: 18-May-2017 09:45 (GMT)
Mubasher Last Update Time: 18-May-2017 09:47 (GMT)