Arab Entrepreneurs To Get Dh100m Fund

GulfNews:

Al Islami Foods and Alf Yad, a Dubai-based venture capital fund for young Arab entrepreneurs, yesterday said Alf Yad will raise Dh100 million for promising Arab entrepreneurs in the region.

Al Islami Foods and Alf Yad will establish a business base for young Arab entrepreneurs, offering franchise opportunities that encourage them to get into the halal food industry and initiating food-business ventures.

Initially, Alf Yad will support Al Islami with the introduction of a business franchise for fast foods - the Al Islami Cart - a business franchise for fast foods primarily distributed in major co-operative supermarkets, high traffic mall outlets as well as the Global Village and university campuses. Read more.