Arab Finance: The board of directors of Al Arafa for Investment and Consultancies (AIVC) has approved the establishment of a limited liability company in Dubai, according to an EGX statement on January 16th.
The company will be fully-owned by AIVC and registered within the Department of Economic Development in Dubai to carry out ready-made garments business.
The board also decided to appoint Mohammed Talaat Mohammed Khalifa as a manager of the company's branch in Dubai.