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Sunday, November 22 - 2009

Amwal AlKhaleej presents insights on MENA private equity industry to visiting Wharton MBA students

  • United Arab Emirates: Thursday, January 22 - 2009 at 12:15
  • PRESS RELEASE

Amwal AlKhaleej, a regional private equity firm, recently welcomed an MBA student trek from The Wharton School of the University of Pennsylvania, one of the world's leading business schools, and offered its insight into the private equity industry in the MENA region, highlighting industry trends and opportunities for growth.

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  • An MBA student trek from The Wharton School of the University of Pennsylvania.
    An MBA student trek from The Wharton School of the University of Pennsylvania.
Mr. Samer Sarraf, Senior Vice President at Amwal AlKhaleej, stated:
"We are very pleased to receive Wharton MBA students and share with them our insights into the private equity industry in the MENA region. As a leading private equity firm with strong indigenous roots in the region and a top-class professional team, we recognise and support the talent of Wharton MBA students."


In a presentation to the students Mr. Sarraf noted that despite current turmoil in global markets the region's private equity market remains well positioned for growth driven by sound fundamentals especially in the medium to long term.

Mr. Piyush Singhvi, the trek leader, and a Wharton MBA 2010 Candidate, commented on the interaction, "In today's ever-changing economic environment practical knowledge and insight into real-world business conditions are keys to success. This is why we are so pleased to have the opportunity to engage with one of the leading private equity firms of the Middle East. Amwal AlKhaleej's insights into private equity in the region have been hugely beneficial to all of us on the trek in understanding how the industry in the region has evolved. Wharton prides itself on the highest standards of intellectual rigour and I am confident that this interaction with Amwal AlKhaleej contributes to Wharton's commitment to academic excellence and its deepening relationship with the region."
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Notes and media contacts

About Amwal AlKhaleej:

Amwal AlKhaleej is a leading regional private equity firm managing approximately SR2.5bn. The Firm started its operations in 2005 in Riyadh with offices in Dubai and Cairo and its team includes some of the most experienced investment professionals in the region. The Firm has investments in several high calibre companies including Damas Jewellery, Dubai Contracting Group, Maritime Industrial Services, Arabia Cotton Ginning, Al-Tayyar Travel Group and Contact Cars.

Media queries:

Lina Al Desouky
Account Executive
GolinHarris
Capricorn Tower, 7th Floor
Sheikh Zayed Road
P.O. Box 116462, Dubai, UAE
t +971.4.332.3308
f +971.4.331.6733

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