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Wednesday, November 11 - 2009

RichWeb launches Private Equities ME

  • United Arab Emirates: Tuesday, March 10 - 2009 at 10:40
  • PRESS RELEASE

UAE-based RichWeb -member of Tharaa Holding- launched PrivateEquities.me, a specialized website that highlights the private equity sector, lists private equity companies and consultancies, and offers the best available investment opportunities in the Middle East and North Africa (Mena).

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This website aims to actively contribute in the development of the private equity sector in light of the Global Financial Crisis, through providing information and updating investors on new investment opportunities, and forming a database for all private equity companies and other related companies so that it becomes the website of choice for such information and to regarded as one of the best references in the field.

Confirming the importance of the website, Mr. Shabeer Mohamed - Managing Director of RichWeb - said "Launching PrivateEquities.me is a unique Rich Web initiative through which we aim to offer our services to private equity companies in the region and using the internet to connect those companies with investors all over the world".

Mr. Shabeer added "Private equity investments reached $500bn globally, out of which $13bn is based in the Middle East.

In light of the new global economic challenges, private equities will be more willing to offer their portfolios and investments to the largest possible number of investors in order to continue to develop their investments. Hence, came the idea of launching a website that connects companies and investors, and offer many services and resources including listings of consultancies working in the field.

PrivateEquities.me offers three confidentiality levels for those who wish to keep certain investments and information confidential and offer it to a handful of selected investors, which makes the services the website offers a qualitative shift in the regional private equity sector."

With its easy and attractive interface the website offers listing of companies, portfolios, investment opportunities, in addition to updated information and the latest news about companies and the private equity sector in general, and a detailed search of all of the website's content.

RichWeb is offering a free of charge three months trial period for companies to list their information and portfolios, they can also search the available opportunities industry or by country. The visitors will receive the latest updates according to their saved search criteria.

Rich Web intends to continue developing the website, offer additional services and make available all relevant private equity information to visitors and members including researches, reports and interviews with industry leaders through cooperating with top regional media.
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Notes and media contacts

About RichWeb FZE
Dubai-based RichWeb FZE is an advanced web solutions provider, which offers highly functional web sites and sophisticated web applications.

The company responds to the challenges of small and large-scale businesses with its customised approach, flexible processes and an experienced team, skilfully utilising the latest technologies and adopting international standards.

RichWeb's wide ranging and advanced services to businesses include web application development, web site design, specialised web solutions, web site development and search engine optimisation.

About Tharaa Holding
Thaara Holding is a fast-growing business conglomerate in the Middle East region. The group has identified its core competencies to business activities related to creating, managing and enjoying wealth.

Tharaa Holding has an established presence in Real Estate, Asset Management, creative services, web solutions, Sharia'ah Financial Advisory and related industries.

Tharaa Holding has forged partnerships with leading local and international organisations to leverage cross-cultural exchange of ideas and technology for superlative business performance.

For more information visit www.TharaaHolding.com
For more information, kindly contact:-
Anas Abu Eissa
Media Relations
RichArt
Tel.: 04 - 4280733
Fax: 04 - 4293236
Mobile: 050 - 3846406

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