UGIC’s principal business objectives are multi-focused:
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To develop and promote industrial, chemical, and energy related projects, primarily in the Gulf region.
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To identify and invest in direct investment opportunities (private equity).
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To invest in listed stocks and other financial instruments
UGIC asses on an ongoing basis, a broad spectrum of green-field industrial, chemical and energy related opportunities. Current portfolio includes Gulf Ferro Alloys Company, Dhahran Chemical Industries & Marketing Company, Arabian Industrial Fibers Company and Yanbu National Petrochemical Company.
Underscoring Executive Management’s dynamic approach to investing, UGIC recently acquired a minority stake in private equity firm, Tuareg Capital. Such investment allows UGIC to extend a footprint over North Africa and participate as an investment manager and co-investor in a cross-section of opportunities in Algeria and Libya. Additionally, UGIC capitalizing on attractive valuation, recently exited from United Stainless Steel Company - Middle East’s first stainless steel company.
Further to the above, UGIC’s equity and fixed income portfolio is a mixture of proprietary trading and third party, managed funds - in diversified asset classes across regional and international markets.
