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Gulf Capital to invest $500m in Mideast
- Middle East: Tuesday, October 13 - 2009 at 11:07
Karim el-Solh, CEO of Abu Dhabi-based private equity firm Gulf Capital has said the company is looking to invest $500m in Saudi Arabia, the UAE and Egypt, Reuters has reported. The opportunities include a deal in the healthcare sector that would be announced soon, he said. 'With so much dry powder left, regional private equity firms are under considerable pressure to close transactions,' he told the news service.
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StaffTuesday, October 13 - 2009 at 11:07 UAE local time (GMT+4)
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