Arbah Global launches Nanotechnology Fund
Manama, May 27, 2008
Arbah Global, a Bahrain based investment arm of Arbah Capital, launched Arbah Nanotechnology Fund at the World Islamic Capital Markets Conference at the Gulf Hotel in Manama, Bahrain.
The fund is Shari’ah compliant Private Equity fund, the first of its kind to be launched in the MENA region, and it will invest in shares and equity-oriented securities of companies with a particular emphasis on global nanotechnology companies including technology and biotechnology companies which benefit from nanotechnology.
“The investment is aimed at providing Arbah Global’s investors across the GCC and beyond with access to a unique investment. We are confident that we have positioned the fund to benefit from the strong market dynamics this new technology will condition,” said CEO of Arbah Global Dhafer Alqahtani.
“It is an extremely interesting time to be investing in the world of nanotechnology. The possibilities with nanotechnology are endless. Nanotechnology-enabled products are already being used in industry,” added Alqahtani.
“So much of what we do in the future will be involved with this technology that the opportunities are potentially limitless. If investment is about discovering opportunities for growth, then nanotechnology is an obvious choice for those with an eye to the future.”
“With the world currently suffering from capacity shortages and limitations in everything from food to energy to network and storage compute, the Arbah team intends to invest in companies that can breakthrough these barriers with nanotechnology, and deliver superior products at attractive prices to markets and industries suffering from shortages and capacity limitations. The opportunity to unleash and capture global demand in so many different industries is remarkable,” said senior vice-president and manager of the Arbah Nanotechnology Fund James J Berlino. – TradeArabia News Service