Istithmar expands int`l Footprint with the opening of a new office in China

Khaled Al Kamda, Vice Chairman, Istithmar, said: "The opening of our office in Shanghai is a significant milestone in the corporate development of Istithmar: it underscores the strong Sino-Arab economical and political relations between the two regions; and demonstrates a major step forward in our international expansion plans. Given the immense growth in China, as well as key markets in Asia-Pacific, we are confident that a formal presence will serve as a strategic springboard in terms of sourcing for the best opportunities that add value to our investment portfolio."