Dubai-based investment bank allocates $1 billion to fund projects identified by global business intelligence firm

8th December 2020, Dubai, United Arab Emirates - ABiQ Business Intelligence (ABiQ) signed an MoU with Global Islamic Financial Services Firm (GIFS) based in Dubai, United Arab Emirates, South Africa and Turkey who provide financing and investment for infrastructure projects, government projects and private equity deals. Under this agreement, ABiQ will leverage its extensive database to assist Global Islamic Financial Services Firm to identify investment and financing opportunities.  

ABiQ is tracking over US$4 trillion worth of active project opportunities in Africa and the Middle East, including critical information such as ultimate business owners and decision-makers. Through its analytical capability, ABiQ identifies the top developers, contractors and consultants in any Middle East and African market and sector, helping to minimise risk during the development period.

Commenting on the MoU, Emil Rademeyer, General Manager of ABiQ said, "This is a key milestone in connecting upcoming projects with potential investment opportunities. It has been a long time coming and we have invested heavily in developing trusted and reliable content as well as the analytical capabilities of our platform for our subscribers over the last few years.”