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CICC Capital and BlueFive Capital Collaborate to Launch Fund for Chinese Enterprises Expanding into the Middle East
2 week ago /
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Author：小编
CICC Capital and Abu Dhabi-based BlueFive Capital have jointly announced their intention to establish a fund dedicated to supporting Chinese enterprises in the new economy sector in their expansion efforts into the Middle East. This fund will concentrate on pivotal areas including technology, digital transformation, green energy, and advanced manufacturing. It aims to leverage the Gulf Cooperation Council market as a strategic entry point for Chinese enterprises into the Middle East, serving as a springboard for their global growth ambitions. Both parties will engage in non-exclusive negotiations to finalize the fund's structure, capital commitments, investment strategies, and other pertinent terms.
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