NewGenIvf Group announces planned $45M investment in UAE real estate market

NewGenIvf Group (NIVF) announced its planned US$45 million strategic investment in the United Arab Emirates, UAE, real estate market, focusing on properties near the upcoming Wynn Al Marjan Island integrated resort. This new initiative represents a diversification of the Company’s investment portfolio beyond its traditional IVF business operations, targeting properties for acquisition and future resale to capitalize on the region’s exceptional growth prospects. Siu Wing Fung Alfred, Founder, Chairman, and CEO of NewGen, commented, “This strategic move into Ras Al Khaimah’s dynamic real estate market represents an exciting opportunity to diversify our investment portfolio while capitalizing on one of the region’s most promising growth stories. With Ras Al Khaimah poised to welcome significant numbers of international visitors in the coming years and property values already showing exceptional appreciation, we are confident this investment will deliver substantial returns for our stakeholders while establishing a strong foundation for future growth. ”