Complete takeover of Al Hail and Habib – News

Published: Mon. November 10, 2014, 4:09 p.m

Last updated: Tue April 7, 2015, 10:38 p.m

Further expanding its financial services footprint in the GCC, Al Hail Holding, together with Global Development Group (GDG), has completed the acquisition of Habib Exchange Company.

Hamad Jassim Al Darwish, CEO of Al Hail and President of GDG, stated: “One of our key goals is to improve the economies of the regions in which we operate. The upcoming Dubai Expo 2020, together with the Abu Dhabi Economic Vision 2030, highlights two key priority areas for the economic development of the UAE and within our strategic plans we include a vision to address these priority areas of building a sustainable economy, while ensuring a sustainable approach to social and development regional that will benefit and contribute to the continuous development of the UAE economy.”