RAK Ghani Glass: Saudi investor acquires stake

Swicorp Joussour Company, headquartered in Riyadh, Saudi Arabia, has invested SAR 2.67 billion to acquire a stake in RAK Ghani Glass, a joint venture with RAK Investment Authority, JS Group and Ghani …

Swicorp Joussour Company, headquartered in Riyadh, Saudi Arabia, has invested SAR 2.67 billion to acquire a stake in RAK Ghani Glass, a joint venture with RAK Investment Authority, JS Group and Ghani Glass Ltd. RAK Ghani is in the process of setting up a state-of-the-art pharmaceutical glass plant on a 100,000 square meter site at Ras Al Khaimah“s industrial zone.