Browse related articlesRegional private equity market to grow
Tuesday, January 15 - 2008 at 13:29
The Middle East private equity industry will continue to witness substantial growth in 2008 due to privatisation and re-engineering of family businesses, according to Faisal Juma Belhoul, founder and managing partner of Ithmar Capital. Speaking at the Middle East Private Equity 2008 conference, he added that revenues from record energy prices have driven liquidity levels to over $1.5tr, regional GDP growth is expected to continue to rise and economic restructuring is gathering pace.
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Jeff Florian, Senior ReporterTuesday, January 15 - 2008 at 13:29 UAE local time (GMT+4)
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