The Emirati investment fund Noor Capital, which gained prominence in early 2019 for trying to export tons of gold from Venezuela's reserves to the United Arab Emirates, has specialized in high-level financial transactions. Founded by former oil minister Mana Saeed Al Otaiba, Noor brings together assets of some of the largest trading families in the Emirates and the wider Gulf region. With a growing recourse to consultants, the fund has found itself on the sidelines on several criminal investigations in Europe.
To manage its investments, the Noor team uses a sprawling network of local partners with interests in many areas, including gold trading, real estate, and tech.
To manage its investments, the Noor team uses a sprawling network of local partners with interests in many areas, including gold trading, real estate, and tech.