Large business mission from the UAE today in Athens
The total UAE Foreign Direct Investment (FDI) in Greece amounts to 207 million euros, of which 47 million euros in 2021.
Regarding the investments made in Greece, here are some examples:
MUBADALA is active in investment – in collaboration with the American fund Amerra Capital – in the field of fish farming, as the ANDROMEDA group, in which it participates, acquired in 2018, the majority shareholding in NIREA and SELONDA. In 2020, in collaboration with Temes of the Konstantakopoulos Group, through a subsidiary called Eagle Hills, it was decided a joint investment of 500 million euros for the construction of a complex of hotel units, golf courses, houses in Messinia, covering an area of 1,800 acres).
The state-owned company Abu Dhabi Al Dahra Agriculture acquired 20% of “Loulis Mills”.
Sheikh Tahnoun bin Zayed Al Nahyan (ADQ and International Holding Company / IHC) has invested in real estate for tourism (5-storey building on Dionysiou Areopagitou / Makrigianni and Ermioni Club Hotel in Porto Heli). He is privately invested in olive groves in Peloponnese, Crete, Central Greece, as well as an olive oil standardization unit.
The Emirati private equity firm AGC participates in Asteras Vouliagmenis (previously this participation, amounting to 400 million euros, belonged to the Abu Dhabi State Investment Fund – ADIA).
Monterock International operates in Mykonos in the catering sector (Coya, Nammos, Nusr-Et) and the hotel sector (N Hotel) and in Santorini in the catering sector (Nobu). It also develops the One & Only and Aman hotel complexes in Kalafatis and Karabetis of Mykonos respectively. This investment is estimated to exceed 200 million euros.
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