SAMENA: The Origin and Future from Shirish Saraf
Co-founder and Vice Chairman of SAMENA Capital, RAK Logistics' private equity investor, Shirish Saraf, has been featured in an article by Arabian Business titled, "Back to the Future."
- (1888PressRelease) May 17, 2017 - UAE - Shirish Saraf, Co-founder and Vice Chairman of Samena Capital, RAK Logistics' private equity investor, was recently featured in an article by Arabian Business titled, "Back to the Future."
Samena Capital was co-founded by Saraf in 2008. It is an investment group, which focuses on investments across multiple asset classes in the Subcontinent, Asia, Middle East and North Africa, collectively known as the SAMENA region.
Saraf says the world is shifting back to where it was hundreds of years ago, and that the economic realities of the Subcontinent, Asia, the Middle East and North Africa are as relevant today as during the Ming dynasty. "In the 15th century, India, China, the Middle East dominated the world, and now it looks like we are going back to the future," Saraf says. "For 1,800 years, 60 percent to 70 percent of the world's GDP was out of India, China and the Middle East. It was only the last 200 years that was an aberration. You're seeing that wave come back. These countries cannot be ignored. You can't box them in with Western jargon because the West is going to have its biggest challenges over the next 10 to 15 years."
According to Saraf, Samena is experiencing "extraordinary" times, as the company has returned $600m of capital since it started investing.
RAK Logistics is honored to have the backing of Samena Capital. Saraf refers to RAK Logistics saying, "today we are amongst the biggest ASEAN logistics providers" RAK Logistics intends to continue growing and developing its success with the support of Samena. As the SAMENA region experiences a booming economy, more companies will gravitate to the area and search for support in expanding their logistics needs.
View the full feature on ArabianBusiness.com.
About RAK Logistics
RAK Logistics Pte. Ltd. combines 10 different organizations located in 17 countries with over 1,000 trained logisticians and local entrepreneurs in an expanding worldwide network of locations. RAK's vision is to be the leading ASEAN headquartered integrated logistics company. RAK's operations continue to develop in all ASEAN countries and enjoy a strong strategic presence across the globe. RAK Logistics is owned by private equity firm, Samena Capital. This private equity company focuses on investments across multiple asset classes in the Sub-continent, Asia, Middle East and North Africa, collectively known as the SAMENA region. If you are responsible for ensuring customer satisfaction in your supply chain, you want to select a partner who is as invested in your deliverables as you are. To learn more about RAK Logistics, contact sales ( @ ) raklogistics dot com or visit www.raklogistics.com for more information.
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