As part of its expansion plans, Al Qudra Holding, one of the most prominent and fast growing private equity firms in the UAE, announced its intention to branch out its operations to the Republic of Senegal.
Accompanied by a delegation from Al Qudra Holding and in the presence of Mr. Salem Ali Al Kaabi, Chargé d'Affaires of the UAE Embassy in Morocco and Senegal, H.E. Eng. Salah Salem Bin Omeir Al Shamsi, Chairman and Managing Director of Al Qudra Holding, met with H.E. Abdullah Wad, President of the Republic of Senegal, in addition to a number of high-level officials and representatives of the country’s economic and trade sectors.
His Excellency President Abdullah Wad reviewed all the investment propositions put forth by the UAE delegation. He also advised his ministers on ways to strengthen cooperation with Al Qudra Holding and facilitate the company’s investment activities in the country.
His Excellency Engineer Al Shamsi also held a meeting with Mr. Karim Wad, son of the Senegalese President, who in turn highlighted the active role being played by the government in reviving the country’s economy and providing significant investment opportunities in the real estate and tourism sectors.
About Al Qudra Holding
Al Qudra Holding was established in May 2005 with a capital of AED 600 million. Today, the company has a large group of specialized subsidiaries that operate under its umbrella in various vital sectors including education, tourism, industry, energy, infrastructure development, sports management and entertainment.
The company is considered the ideal strategic partner for many leading regional companies looking to invest in the United Arab Emirates in general and Abu Dhabi in particular. Al Qudra Holding succeeded in securing this prominent standing as a result of its landmark projects, strategic investments and subsidiary companies that operate in a wide range of sectors, thus attracting renowned partners in many fields.
