Alfa Thabi increases MICADE stake to 40%

Abu Dhabi's Alpha Abu Dhabi Holding announced that it has increased its investment in the "Mikad Credit" project, doubling its stake from 20% to 40% and raising its capital commitment to one billion dollars. The project's strategies have also been expanded to include the private credit market and activities in direct lending in the United States and Europe. The project manages assets valued at approximately $1.7 billion across 45 companies, reflecting the company's expansion into the financial and investment sector.

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