Abdulhakeem Kamkar CEO Dubai Ventures Group
Dubai Ventures Group is the global financial investor for Dubai Group with a focus on emerging markets.
Through investments in both public and private equities, Dubai Ventures Group thrives to deliver superior long term absolute returns for its shareholders. The investments range from trading public equities to buying opportunistic stakes in public/private equity space, from Greenfield investments to controlling stakes in companies and from investing strategically in funds to selectively investing in real estate.
Sizeable investments are made into businesses that demonstrate higher value and growth as well as outstanding management. The company operates under best practice corporate governance, compliance and risk management. The management team is multidisciplinary and has a broad and unique global experience.
Dubai Ventures Group has offices in Dubai, Kuala Lumpur and Hong Kong.
Its current investment portfolio includes:
- 10% stake Sun Hung Kai Financial, Hong Kong
- 51% stake in KOP Capital, Singapore
- 51% stake in Acacia, Bahrain
- 40% stake in Chiranjjeevi Wind Energy, India
- 40% stake in Time Broadband Services, India
- 45% stake in Emirates Cement, UAE
- 5% stake in Bharat Hotels, India
- 30% stake in Global Bio Diesel, Malaysia
- 42% stake in EIT (a joint venture with TECOM)
EIT's portfolio includes:
- 35% stake in Tunisie Telecom
- 60% stake in GO PLC
Dubai Ventures Group also has a real estate services business called Longwing Asset Management. Longwing specialises in real estate asset management. The Company has been charged with the asset management of the various properties of the 'Jumeirah Group', a leading high end worldwide hotel brand based in Dubai. Longwing is expanding its presence globally in asset management as well as developing other services business in the Middle East.
Dubai Ventures Group and Tatweer, the premier Dubai developer of projects such as Dubai Healthcare City, The Tiger Woods Dubai and Dubailand have created an investment management company called Dubai Group-Tatweer Fund Management Company. The company specifically focuses on developing investment companies designed for international investors and partners to participate in the growth of Dubai Group and Tatweer in the Entertainment & Leisure, Infrastructure and Healthcare & Biotechnology segments.