Dubai-based investment firm Shamal Holding acquired a majority stake in homegrown specialty coffee brand The Espresso Lab for an undisclosed amount, according to a press release. The investment will be used to drive The Espresso Lab’s expansion, as it plans to broaden its retail presence and roasting production capacity.

Not much else will change at the Espresso Lab: The coffee brand’s founder Ibrahim Al Mallouhi will continue to lead operations and expansion plans. The brand currently has a roastery in Al Quoz, and outlets in Dubai Design District and Abu Dhabi.

About Shamal Holding: The Dubai-based investment company’s portfolio spans several sectors in the emirate, including real estate, entertainment, and hospitality.

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