Green Coast Enterprises
Dubai holding company set up in 1977 by Abdulghaffar Hussain to consolidate his holdings; owns piping, packaging, renewable-energy, building-supply and real-estate businesses.
USEFUL FOR Co-investors
Family & background
- FAMILY
- Abdul Ghaffar Hussain
- HEADQUARTERS
- Dubai, United Arab Emirates
- FOUNDED
- 1977
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- GEOGRAPHY
- Middle East
- ROUTES
- Companies (own capital)
- STRATEGIES
- Direct investmentsReal estatePublic equities
Overview
Green Coast Enterprises was formally established in Dubai in 1977 by Abdulghaffar Hussain as a holding company to consolidate his investments and assets; its timeline notes a 2005 restructuring that left him and his family with full ownership of Hepworth. Its businesses span piping systems (now the GF Corys joint venture after the sale of 51% of Corys Piping Systems to Georg Fischer), packaging (Corys Packaging), renewable energy (Corys Environment, which acquired Siraj Power and Taka Solutions), geosynthetics and building supplies. Green Coast Real Estate manages the group's property in the UAE and abroad, and Green Coast Investments (set up 2012) manages its capital-market investments.
Investment thesis
Long-term, patient capital aimed at building resilient, sustainable businesses in traditional sectors and niches such as real estate, packaging, water and gas piping, renewable energy and the circular economy.
Holdings & investments (8)
INVESTMENT ARMS & VEHICLES
- Green Coast Real Estate
- Green Coast Investments
HOLDINGS & INVESTMENTS · MOST RECENT FIRST
- EGFCO (PE pipe manufacturing joint venture, Egypt)Industrial & Manufacturing · since 2020
- Siraj PowerClimate & Energy · since 2016
- Taka SolutionsClimate & Energy · since 2016
- GF Corys (joint venture with Georg Fischer)Industrial & Manufacturing · minority
- Corys Packaging (Emirates Technopack, Kangaroo Plastics)Industrial & Manufacturing
- Corys Environment / Positive ZeroClimate & Energy
- Corys GeosyntheticsIndustrial & Manufacturing
- Corys Build CentreIndustrial & Manufacturing
People
Frequently asked questions
Green Coast Enterprises is a family holding based in Dubai, the United Arab Emirates, founded in 1977.
Green Coast Enterprises invests on behalf of the Abdul Ghaffar Hussain family.
Green Coast Enterprises invests its own capital into companies. Its stated asset mix includes direct investments, real estate and public equities.
Green Coast Enterprises invests in Industrial & Manufacturing, Climate & Energy and Real Estate & PropTech.
Key people at Green Coast Enterprises include Abdulghaffar Hussain (Founder), Mohammed Abdulghaffar Hussain (Executive Director), Tamer Morsi (Legal Counsel) and Pratik Doshi (Finance, Treasury & Tax).
Green Coast Enterprises's holdings and investments include GF Corys (joint venture with Georg Fischer), Corys Packaging (Emirates Technopack, Kangaroo Plastics), Corys Environment / Positive Zero, Siraj Power, Taka Solutions, Corys Geosynthetics, Corys Build Centre and EGFCO (PE pipe manufacturing joint venture, Egypt).
No. Green Coast Enterprises invests its own capital and does not raise money from outside investors.