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Jun 19 2009

Vision3, Abu Dhabi Investment House and Ithmaar Bank

Vision3, conceived by Gulf Finance House, Abu Dhabi Investment House and Ithmaar Bank , signed a MoU with Morocco's largest bank, Attijariwafa , signaling their intention to establish AgriCap Invest, a specialized food and agriculture focused investment institution in Morocco. The new firm will offer intelligent financial solutions to agricultural initiatives in Morocco and across North and Sub-Saharan Africa, the Mediterranean and the broader MENA region. The joint venture initiative will offer a variety of tailored products and services encompassing advisory services, asset management, principal investment and equity underwriting and syndication, debt raising, mergers and acquisitions, investment structuring and broader project development. The creation of an agriculture themed investment firm will complement with King Mohammed VI's 'Morocco 2020' vision for a green Morocco and the promotion of the environment, ecology and agriculture.

© Arab News 2009

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