Gulf Investment Corp. invests in Virgin Mobile Middle East & Africa

03/18/2013 | Gulf Business online (United Arab Emirates)

Virgin Group is being joined by Gulf Investment Corp. in Virgin Mobile Middle East & Africa. GIC, which is wholly owned by the Gulf Cooperation Council countries, is investing $50 million in the venture, which has mobile virtual network operator licenses in Jordan, Oman and South Africa.

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Gulf Business online (United Arab Emirates)