Latest in Highlight

Advertising Area






Latest in


Abraaj gears up for IPO next year-CEO

By Mirna Sleiman / Reuters DUBAI: Dubai-based Abraaj Capital, the Middle East’s largest private equity firm, is gearing up for an initial public offering (IPO) as early as next year following its recent acquisition of emerging market fund manager Aureos Capital, the company’s Group Chief Executive Arif Naqvi said on Tuesday. “Inevitably we have to. It’s …

DNE

PE firm Abraaj set for more deals, eyes India

By Sitaraman Shankar and Dinesh Nair / Reuters DUBAI: Abraaj Capital, the Middle East’s largest private equity firm, is set to unveil more deal-making soon and plans a major push into India. “In the next couple of months, we will call you guys again and again because we have a robust pipeline that is reaching completion,” …

DNE

Egypt delegation meets Swedish textile sector

CAIRO: A delegation of Egyptian textile industry insiders visited Sweden earlier this month to explore opportunities for bilateral cooperation in the field. The visit is one of the initiatives launched by the Swedish Embassy in Cairo and the Swedish Trade Council to enhance trade relations between the two countries, the embassy said in a statement. …

DNE

Abraaj says committed to Egypt’s market, refutes corruption allegations

CAIRO: Abraaj Capital, the Dubai-based private equity firm, continues to see Egypt as an investment hub for the region despite the political uncertainty that is weighing down on the country’s volatile economy, managing director Mustafa Abdel-Wadood said. "Egypt has always been a core market for us in terms of our investment geography even though our …

DNE

End of Section