Nigerian Trade Centre, Dubai, UAE, has revealed that Nigeria’s foreign direct investment is about to receive a boost as one of the leading United Arab Emirates’ (UAE) business moguls, Sheikh Abdullah Ahmed Al Ghurair, has indicated interest in different sectors of the country’s economy.
Director, Nigerian Trade Centre, Dubai, UAE, Mohammed Aliyu Baiwa, told newsmen that “Al Ghurair, who is the chairman of Al Ghurair Investment, is planning to invest massively in the oil and gas, power and financial sectors as well as agriculture and mining sectors, and Infrastructure.”
He said Abdullahi Al-Ghurair, who has expressed confidence in the administration of President Muhammadu Buhari, is the chairman of over 36 companies, He is chairman of Mashreq Bank, the oldest bank in the region.”
His empire cuts across a wide variety of businesses that helped in bringing prosperity to the UAE from its earliest days and also extends to more than 20 countries of the world.
Abdullah Al Ghurair serves as the chairman of UAE Bankers Association, chairman of Al Ghurair University and member of Dubai Economic Affairs.
He recently donated a third of his wealth to education charity with a view to helping underprivileged Arab youths.
