The innovative entrepreneur has emerged as a huge success in the world of business.
Since the last few years, the global construction sector has been growing rapidly. In general, economic growth will require substantial investments in new buildings and improvements in existing infrastructure. Construction growth occurs in developing economies during their financial transformation. These factors have been of considerable benefit to the big construction industry and are generally idealistic. One such dynamic company in the investment and construction sector is ‘Aras Group’ under the leadership of ace businessman Aschraf Mahmud.
Mahmud is a German national who has lived in Dubai for several years and owns a number of companies in both the UAE and Germany. The majority of his companies are part of his parent company ‘Aras Group’. His key focus is the development of real estate, purchase and sale of apartments, rentals, brokerage and consulting as well. Mahmud is the Chief Executive Officer of ‘Aras Group,’ who wants to build cultural bridges with customer-specific project funding between the Orient and the Occident, also earning profits at the same time.
Talking about his Dubai based parent company, ‘Aras Group’, Mahmud says that it specializes in providing foreign venture capital without any barriers. This internationally networked community of companies is involved primarily in the fields of banking, equity investment, management consulting and real estate financing. ‘Aras Investment and Participation Ltd’, ‘Aras Logistic and Distribution Ltd’, ‘Aras Trading and Services Ltd’, ‘Aras Consultancy and Advisory Ltd’ and ‘Aras Assets Ltd’, are the subsidiaries covering this broad business area.
However, the group of businesses focuses on alternative ventures and corporate funding. The emphasis is on the innovative but vastly underfunded start-up scene in Europe. With banks becoming more conservative in lending, young business owners are actively searching for new sources of funding. Mahmud highlights that his group of companies’ funding offers include subordinated loans, silent participation and venture capital brokerage which helps these potential startup owners to set up and upscale their business. In most cases, the value of risk loans issued is in the range of 2-3 million, even though Mahmud is not a bank, but an investor. The customer completes the funding arrangement directly with the ‘Aras Group’ and not with the corresponding refinancer until supplying the venture capital.
To know more about Mahmud and his companies, visit www.aras-group.ae
