Glass Company To Be Launched

Dubai Investment plans to launch a glass company to invest in, acquire and manage glass companies around the world. "The glass manufacturing industry is currently struggling to keep up with glass demand created by the booming property development sector in the region," said K Kalban, MD a& CO of the company. Dubai Investment has recently completed its acquisition of Saudi American Glass Company (SAGC) after 18 months of negotiations. SAGC is one of the Middle East's largest glass manufacturers.