Investment Dar is being tipped to make a major UK acquisition within the next two weeks.
Kuwait's Investment Dar is being tipped to make a major UK acquisition within the next two weeks.
Sources close to the company suggest that chairman Adnan Al Musallam (pictured) may be close to snapping up a financial services company, as the group looks to broaden its overseas interests. Last month it was part of a consortium that took over luxury UK car manufacturer Aston Martin buying 50% alongside a consortium of other buyers. Investment Dar already has US$15bn invested in a range of businesses, including the Bahrain Islamic Bank.
Executive vice president Amr Abu El Seoud told
: "We like UK assets. It's one of the safest places to do business and is the financial capital of the world."