Omniyat Holdings launches Omniyat Investment Management
Omniyat Holdings, the multi-billion dirham Dubai-based real estate conglomerate, has established a new company, Omniyat Investment Management (OIM), at the Dubai International Financial Centre (DIFC), with plans to manage deals worth over Dh2 billion in 2008.
The new company, which is licensed by the Dubai Financial Services Authority, aims to be the pre-eminent funds and asset management company operating in the DIFC. It is the first company of its type affiliated to a freehold property developer, in this case Omniyat Properties.
Mehdi Amjad, President and CEO, Omniyat Holdings, said, “With OIM, we are taking another step towards realizing our vision of being active in the entire real estate value chain. OIM will be 100% focused on real estate and will benefit from the synergies created by Omniyat Properties”. He is also the Chairman and Licensed Director of OIM.
The Dubai-based Omniyat Investment Management is part of Omniyat Holdings’ drive to be active in the entire real estate value chain, including being an owner, investor, developer and asset manager. The new company has been authorized by the DFSA to arrange investment deals, advice on financial products or credit and manage assets. Source
The new company, which is licensed by the Dubai Financial Services Authority, aims to be the pre-eminent funds and asset management company operating in the DIFC. It is the first company of its type affiliated to a freehold property developer, in this case Omniyat Properties.
Mehdi Amjad, President and CEO, Omniyat Holdings, said, “With OIM, we are taking another step towards realizing our vision of being active in the entire real estate value chain. OIM will be 100% focused on real estate and will benefit from the synergies created by Omniyat Properties”. He is also the Chairman and Licensed Director of OIM.
The Dubai-based Omniyat Investment Management is part of Omniyat Holdings’ drive to be active in the entire real estate value chain, including being an owner, investor, developer and asset manager. The new company has been authorized by the DFSA to arrange investment deals, advice on financial products or credit and manage assets. Source
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