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New player in clean tech: Gulf oil money

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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old May 14, 2007, 08:49 PM   #1
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New player in clean tech: Gulf oil money
Source: News.com
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Wealthy investors from oil-rich nations on the Arabian Gulf are beginning to enter the clean-technology market.

They started pouring money into green-tech companies and investment groups with clean-tech portfolios about six months to nine months ago, according to venture capitalist Ghazi Benothman and others in the industry.
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