• HSBC

Dr. Buzz Aldrin speaks at ABRAAJ investor dinner

  • United Arab Emirates: Sunday, April 25 - 2004 at 17:02
  • PRESS RELEASE

Dr. Buzz Aldrin, the US astronaut who walked the moon with Neil Armstrong, spoke yesterday at a dinner reception hosted by Dubai-based ABRAAJ Capital that united the region's key business figures and investors.

Senior businessmen and investors from around the region met over dinner at the Mina Al Salam Hotel in Dubai to discuss investment opportunities and ABRAAJ's highly successful fund performance on the eve of the company's annual investor conference.

Arif Masood Naqvi, executive vice-chairman and chief executive officer of ABRAAJ Capital, said that Dr. Aldrin's presence at the dinner was indicative of the ethos and the principles of ABRAAJ Capital that has consistently aimed to make a difference in what it does and achieve a new level of ambition within the regional market. "Whether it is Dr. Aldrin, ABRAAJ, any individual or any country, the quest of excellence and innovation to make a difference needs constant fuelling. As Dr. Aldrin is committed to the quest for truth through science, ABRAAJ is committed to wealth creation to fuel local economies," Naqvi said.

Dr. Aldrin explained how both his career as a fighter pilot and his postgraduate studies focusing on space travel had changed the way he perceives the world and convinced him that challenging ambitious can be achieved with determination and drive. He said that he is particularly keen to encourage young people to pursue their dreams and be determined in the face of a challenge.

"I am a firm believer that space travel should be for everyone and am working to help render it accessible to people from all walks of life," said Dr Aldrin who spoke extensively about his own personal experience as one of only seven humans to have walked the moon and about recent initiatives to send civilians into outer space.
Dr Buzz Aldrin, right with Arif Naqvi, Executive Vice Chairman and CEO, Abraaj Capital 
Dr Buzz Aldrin, right with Arif Naqvi, Executive Vice Chairman and CEO, Abraaj Capital
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About ABRAAJ Capital
ABRAAJ Capital is a premiere investment firm that specialises in Private Equity Buyout investments in the Middle East and North Africa (MENA) region. UAE-based, the firm also pursues follow-on investment opportunities in South Asia. ABRAAJ Capital has brought together some of the most compelling and successful investment track records in leveraged acquisitions across the Middle East, it has completed over $350 million in MENA-focused private equity transactions, generating an internal rate of return of over 35 percent annually over a nine-year period.

For more information, please contact:
Camilla d'Abo/ Utpal Bhattacharya
ASDA'A Public Relations,
Dubai, UAE
Tel: +971-4-3344550,
Fax: +971-4-3344556,

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