Finance / United Arab Emirates
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UAE Company Seeks Greenfield Investments
March 2008 | M&A News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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In a recent investor meeting in New York that CFW attended, it was discussed how high prices in both food and commodities are causing investors to pursue new initiatives. One example of this new trend is the newly established investment vehicle by the government of Ras al Khaymah (RAK) in the United Arab Emirates (UAE), RAK Minerals & Metals Investments. The company plans to invest in 'greenfield' opportunities as opposed to buying stakes in existing companies.