Latest news with #zSpace
Zawya
18-03-2025
- Business
- Zawya
GII Saudi Arabia plans to double its US investments
Gulf Islamic Investments group (GII) plans a significant expansion of its US assets, aiming to double its existing portfolio of $750 million through GII Saudi Arabia in the next four years. The successful public offering of an allocation of zSpace's shares on the US Nasdaq in December 2024 brought GII to US public attention, in addition to several earlier US transactions. GII's expansion aims to focus on new investments in the US logistics, education and food production and processing sectors. The Saudi-based operations of GII, a leading global alternative investment company with $3.5 billion of assets under management, are the ideal base for this expansion. GII's existing operations in the kingdom include a CMA-regulated Category One financial institution in Riyadh, the largest Saudi dental and dermatological chain (Al Meswak) and a medical insurance provider (Abeer Medical), the largest bakery in western Saudi Arabia (Emad Bakeries), a logistics joint venture in Jeddah (with Logipoint) and a new hydroponic farm in Ta'if, near the holy city of Makkah (Badia Farms). The Chairman of GII Saudi Arabia and GII group Board Member Fawaz Al Tamimi commented: 'We are keen to expand our investments in the USA, a country that GII knows well since our inception in 2014. The US is well-known as one of the best markets for private debt and private credit opportunities, which will allow GII to scale up its existing operations in these asset classes'. -TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Gulf Today
18-03-2025
- Business
- Gulf Today
GII Saudi Arabia plans to double its US investments in the next four years
Gulf Islamic Investments group (GII) plans a significant expansion of its US assets, aiming to double its existing portfolio of $750 million through GII Saudi Arabia in the next four years. The successful public offering of an allocation of zSpace's shares on the US NASDAQ in December 2024 brought GII to US public attention, in addition to several earlier US transactions. GII's expansion aims to focus on new investments in the US logistics, education and food production and processing sectors. The Saudi-based operations of GII, a leading global alternative investment company with $3.5 billion of assets under management, are the ideal base for this expansion. GII's existing operations in the Kingdom include a CMA-regulated Category One financial institution in Riyadh, the largest Saudi dental and dermatological chain (Al Meswak) and a medical insurance provider (Abeer Medical), the largest bakery in western Saudi Arabia (Emad Bakeries), a logistics joint venture in Jeddah (with Logipoint) and a new hydroponic farm in Ta'if, near the holy city of Makkah (Badia Farms). The Chairman of GII Saudi Arabia and GII group Board Member Fawaz Al Tamimi commented: 'We are keen to expand our investments in the USA, a country that GII knows well since our inception in 2014. The US is well-known as one of the best markets for private debt and private credit opportunities, which will allow GII to scale up its existing operations in these asset classes'. For more information visit: and
Trade Arabia
18-03-2025
- Business
- Trade Arabia
GII Saudi Arabia plans to double its US investments
Gulf Islamic Investments group (GII) plans a significant expansion of its US assets, aiming to double its existing portfolio of $750 million through GII Saudi Arabia in the next four years. The successful public offering of an allocation of zSpace's shares on the US Nasdaq in December 2024 brought GII to US public attention, in addition to several earlier US transactions. GII's expansion aims to focus on new investments in the US logistics, education and food production and processing sectors. The Saudi-based operations of GII, a leading global alternative investment company with $3.5 billion of assets under management, are the ideal base for this expansion. GII's existing operations in the kingdom include a CMA-regulated Category One financial institution in Riyadh, the largest Saudi dental and dermatological chain (Al Meswak) and a medical insurance provider (Abeer Medical), the largest bakery in western Saudi Arabia (Emad Bakeries), a logistics joint venture in Jeddah (with Logipoint) and a new hydroponic farm in Ta'if, near the holy city of Makkah (Badia Farms).
Zawya
18-03-2025
- Business
- Zawya
GII Saudi Arabia plans to double its US investments in the next four years
GII has current US investments in New Jersey and Florida, plus the award-winning California-based EduTech provider zSpace, which launched a successful IPO on NASDAQ (New York) in late 2024 Riyadh, Kingdom of Saudi Arabia – Gulf Islamic Investments group (GII) plans a significant expansion of its US assets, aiming to double its existing portfolio of $750 million through GII Saudi Arabia in the next four years. The successful public offering of an allocation of zSpace's shares on the US NASDAQ in December 2024 brought GII to US public attention, in addition to several earlier US transactions. GII's expansion aims to focus on new investments in the US logistics, education and food production and processing sectors. The Saudi-based operations of GII, a leading global alternative investment company with $3.5 billion of assets under management, are the ideal base for this expansion. GII's existing operations in the Kingdom include a CMA-regulated Category One financial institution in Riyadh, the largest Saudi dental and dermatological chain (Al Meswak) and a medical insurance provider (Abeer Medical), the largest bakery in western Saudi Arabia (Emad Bakeries), a logistics joint venture in Jeddah (with Logipoint) and a new hydroponic farm in Ta'if, near the holy city of Makkah (Badia Farms). The Chairman of GII Saudi Arabia and GII group Board Member Fawaz Al Tamimi commented: 'We are keen to expand our investments in the USA, a country that GII knows well since our inception in 2014. The US is well-known as one of the best markets for private debt and private credit opportunities, which will allow GII to scale up its existing operations in these asset classes'. About Gulf Islamic Investments GII is a leading global alternative investment company, based in the GCC. With some $3.5 billion of assets under management, GII seeks to achieve superior, sustainable returns and long-term value for its investors and shareholders by investing in curated growth and income-generating opportunities. GII believes in 'innovation with a purpose', and works to build the sustainability of the ecosystem in which it operates. Under the leadership of a committed management team, supported by prominent shareholders from the Arabian Gulf region, GII deploys private capital across diverse alternative asset classes, including real estate, private equity, and private credit/debt. GII's client network includes UHNWIs, family offices, banks, institutions, and sovereign wealth funds in the GCC and Asia. Website: and Linkedin: Instagram: and gii_ksa Media Contact Stephen Harrison Head of Corporate Communications, GII communications@
Associated Press
14-03-2025
- Business
- Associated Press
zSpace to Attend the 37th Annual Roth Conference
SAN JOSE, Calif., March 14, 2025 (GLOBE NEWSWIRE) -- zSpace (NASDAQ: ZSPC), a leader in augmented and virtual reality (AR/VR) education, today announced that its executive leadership team will present at the 37th Annual Roth Conference. The conference is being held at The Laguna Cliffs Marriott in Dana Point, CA, from March 16-18, 2025. Paul Kellenberger, CEO, and Erick DeOliveira, CFO, will be available for one-on-one meetings and participate in a fireside chat on Tuesday, March 18, at 1:00 p.m. PT, where they will discuss zSpace's latest innovations and strategic direction in immersive learning technology. The fireside chat will be available through a live webcast and will be available for replay on the investor relations section of its website. 'We are excited to participate in the Roth Conference and share our vision for transformative learning that empowers people to reach their full potential.,' said Paul Kellenberger, CEO of zSpace. 'This is a great opportunity to connect with investors and industry leaders and showcase how zSpace improves student performance by fostering engagement, deeper understanding, and a passion for learning.' The Roth Conference brings together institutional investors, private equity investors, venture capitalists, and executives from public and private companies across various sectors. It provides a platform for companies to share their growth strategies and engage with the investment community. About zSpace zSpace, Inc. delivers innovative augmented and virtual reality (AR/VR) experiences that drive achievement in STEM, CTE, and career readiness programs. Trusted by over 3,500 school districts, technical centers, community colleges, and universities, zSpace allows students and teachers to experience learning in the classroom that may otherwise be dangerous, impossible, counterproductive, or expensive using traditional techniques. Headquartered in San Jose, California, zSpace holds over 70 patents and our hands-on 'learning by doing' solutions have been shown to enhance the learning process and drive higher student test scores, as evidenced by a study on the utility of 3D virtual reality technologies for student knowledge gains published in the Journal of Computer Assisted Learning in 2021. Amanda Austin 408-498-4050 [email protected] zSpace Investor Relations: Gateway Group Cody Slach, Alex Thompson 949-574-3860
