{"id":62038,"date":"2026-03-30T15:01:57","date_gmt":"2026-03-30T12:01:57","guid":{"rendered":"https:\/\/entarabi.com\/?p=62038"},"modified":"2026-03-30T15:12:30","modified_gmt":"2026-03-30T12:12:30","slug":"emirates-growth-fund-invests-aed-45-million-in-carnistore","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2026\/03\/emirates-growth-fund-invests-aed-45-million-in-carnistore\/","title":{"rendered":"Emirates Growth Fund invests AED 45 million in CarniStore"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>Emirates Growth Fund (EGF) announces AED 45 million investment in CarniStore<\/li>\n\n\n\n<li>The investment supports the food sector, strengthening local value chains, enhancing economic resilience, and reinforcing food security and self-sufficiency in the UAE.<\/li>\n<\/ul>\n\n\n\n<p dir=\"ltr\">The Emirates Growth Fund (EGF), the UAE\u2019s national growth investment platform, has announced a strategic AED 45 million minority investment in CarniStore, a leading UAE premium protein products brand.<\/p>\n\n\n\n<p dir=\"ltr\">The investment combines expertise in sourcing, exclusive production, and digital retail channels to elevate food standards across the UAE. Marking the fund\u2019s first investment in the food sector, the deal underscores EGF\u2019s commitment to building highly competitive Emirati companies that strengthen local value chains, enhance economic resilience, and reinforce the country\u2019s food security and self-sufficiency goals.<\/p>\n\n\n\n<p dir=\"ltr\">Founded in 2018, CarniStore has emerged as one of the UAE\u2019s most influential premium meat and protein brands by blending traditional butchery expertise with a modern consumer-centric digital approach.<\/p>\n\n\n\n<p dir=\"ltr\">EGF\u2019s investment aims to support the company\u2019s industrial-scale expansion, enable its entry into new product categories, and strengthen its institutional readiness, paving the way for regional growth while cementing its position as a model of excellence in the UAE\u2019s premium food sector.<\/p>\n\n\n\n<p dir=\"ltr\">Commenting on the deal, Khalifa Al Hajri, CEO of Emirates Growth Fund, said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p dir=\"ltr\"><br>\u201cOur investment in CarniStore reflects our commitment to supporting high-potential Emirati SMEs through strategic capital and active partnership&#8221;.<\/p>\n<\/blockquote>\n\n\n\n<p dir=\"ltr\">He add:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p dir=\"ltr\">&#8221; Beyond growth capital, we work closely with founders to strengthen market entry strategies, governance, and institutional capabilities&#8221;.<\/p>\n<\/blockquote>\n\n\n\n<p dir=\"ltr\">He say:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p dir=\"ltr\">&#8221; CarniStore represents the kind of leadership and quality we seek in national champions capable of becoming sustainable giants in their sectors.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p dir=\"ltr\">For his part, Fikri \u201cVix\u201d Boutros, Co-Founder and Co-CEO of CarniStore, said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p dir=\"ltr\"><br>\u201cOur partnership with EGF is a natural next step in our journey, We share the same vision of building strong national companies on solid foundations and a long-term outlook&#8221;.<\/p>\n<\/blockquote>\n\n\n\n<p dir=\"ltr\">He add:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p dir=\"ltr\">&#8221; Since day one, we have focused on raising the standards of premium meat and protein products while supporting the UAE\u2019s growing food community.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p dir=\"ltr\">Meanwhile, Daniel \u201cDan\u201d Wanas, Co-Founder and Co-CEO of CarniStore, added:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p dir=\"ltr\"><br>\u201cThe support of Emirates Growth Fund gives us the ability to scale thoughtfully by growing our operations and developing new products, while preserving the high quality and trusted service our customers rely on&#8221;.<\/p>\n<\/blockquote>\n\n\n\n<p dir=\"ltr\">He add:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p dir=\"ltr\">&#8221; This partnership is an important step that proves Emirati brands can lead globally, not just participate.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p dir=\"ltr\">As a strategic minority investor, EGF will work closely with CarniStore\u2019s founders to support expansion and strengthen institutional readiness, with a focus on governance, operational efficiency, and building a corporate platform capable of sustaining long-term growth\u2014while preserving the company\u2019s distinct identity and entrepreneurial spirit.<\/p>\n\n\n\n<p dir=\"ltr\">The partnership aligns with EGF\u2019s mission to empower fundamentally strong Emirati businesses to deepen their contribution to the national economy, strengthen local value chains, and reinforce the UAE\u2019s long-term food security foundations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Emirates Growth Fund (EGF), the UAE\u2019s national growth investment platform, has announced a strategic AED 45 million minority investment in CarniStore, a leading UAE premium protein products brand. The investment combines expertise in sourcing, exclusive production, and digital retail channels to elevate food standards across the UAE. Marking the fund\u2019s first investment in the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":62036,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[8850],"tags":[11892,11893,11894],"class_list":["post-62038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-venture","tag-carnistore","tag-emirates-growth-fund-egf","tag-khalifa-al-hajeri"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/62038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=62038"}],"version-history":[{"count":1,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/62038\/revisions"}],"predecessor-version":[{"id":62040,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/62038\/revisions\/62040"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/62036"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=62038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=62038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=62038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}