The investment will bolster TGBG’s plans to expand its presence across the GCCregion, capturing a growing market for energy-efficient transportation solutions.Headquartered in Jumeirah Golf Estates and also located in Dubai Investment Park, TGBG is uniquely positioned in the region, providing electric golf carts to a diverse range of clients, including luxury hotels, high-end restaurants, golf courses, major events, and government entities in the UAE. As more businesses and individuals seek sustainable alternatives for transportation, this investment positions TGBG to capitalise on the light electric vehicle market’s rapid growth, and to play a pivotal role in the region’s shift towards greener mobility, which is aligned with the
region’s and the UAE’s national agenda.

“We are proud to invest in TGBG, a business that aligns with our vision for a sustainable future,” said Mark Aitchison, Founder & CEO of EIGHTClouds. “Their leadership in the electric golf cart market and their reputation for quality and innovation set them apart as the ideal partner to meet the region’s growing demand for eco-friendly transportation.With this investment, we are committed to supporting their
expansion and helping them bring their efficient and reliable solutions to a wider audience.”

Expansion into New Markets and Major Partnerships

TGBG has established a strong presence in Jumeirah Golf Estates, from where they support residents’ mobility needs and service a wider corporate base across the UAE. With a vision to broaden its reach, the
company is now focused on extending its services and securing new corporate contracts, offering a reliable
and eco-conscious solution for short-distance transportation needs.

Leading the Way in the Electric Vehicle Market

The investment from EIGHTClouds not only supports the growth of TGBG, but also highlights the expanding opportunities for light electric vehicles in the GCC. With government and private sector commitments to reducing carbon emissions, the demand for clean, energy-efficient transportation is on the rise.TGBG is well-positioned to meet this demand by offering tailored solutions that blend cutting-edge technology with practical usability.

The GCC market is particularly ripe for expansion, as tourism and luxury developments continue to flourish, creating a need for transport options that offer both efficiency and comfort. By extending their fleet and forming strategic partnerships with major hospitality and developmentprojects, TGBG aims to become
the preferred partner for sustainable short-distance transport solutions across the region.

About EIGHTClouds
EIGHTClouds is a boutique firm specialising in Private Equity and Real Estate investments throughout the GCC. Founded in 2022, EIGHTClouds started as a passion project by a group of forward-thinking individuals deeply committed to identifying business opportunities in an under represented market.
About TGBG
The Golf Buggy Guy is a premier provider of electric golf carts, offering sales, leasing,
servicing, and re-manufacturing services to clients across the UAE. With a focus on quality, sustainability, and customisation,the company has established a reputation for delivering reliable and eco-friendly transportation solutions. From luxury resorts to government projects, TGBG is dedicated to creating a greener future through innovative mobility solutions.

For more information on this release
Please contact: info@eightclouds.com