Nuqul Ventures International (NVI)
Appoints Ernst & Young as investment advisor
Driven by the vision to venture into strategic large scale international investments that are directed towards benefiting the local societies, Nuqul Ventures International (NVI) recently began its operations by appointing the largest audit and business advisory firm in the country, Ernst & Young.
Acting as the newly established investment entity for Nuqul Group, Nuqul Ventures International (NVI) was created in 2008 with an overall policy of achieving healthy profitable strategic growth through investing in high return lucrative investment opportunities.
In parallel, NVI has identified Ernst & Young to be its financial advisor for the existing businesses and potential investment opportunities.
On this occasion Mr. Nidal Eses, CEO of NVI said: “NVI is a new milestone in the evolution of the Group contributing towards building a sustainable platform for generations to come”.
Mr. Eses added: “We are driven by a management style focusing on the Know-How; we select our advisors carefully and intervene with them in the details. Our team is eager to contribute positively to the communities we operate in and we aspire to achieve our objectives through working with the renowned Ernst & Young.”
Mr. Bishr Baker, Partner at Ernst & Young commented: “The way knowledge resources are managed in an organization is crucial in today's competitive economy. At Ernst & Young, we are dedicated to helping our clients achieve their potential through delivering a 'knowledge-rich' service. We aim to provide our clients with the knowledge and resources they need to find and share information easily.
“NVI is indeed an asset and an added value to our existing clients’ portfolio, we look forward to working with them,” added Bishr.
