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Abraaj may conclude Saudi investments soon, eyes Turkey

The largest private equity firm in the Middle East, Abraaj Capital has said it may conclude an investment in Saudi Arabia within three months and is looking at a "number of deals" in Turkey, Bloomberg has reported. "For at least one of them we expect it will be fairly imminent," CEO Mustafa Abdel Wadood told the news service at the World Economic Forum in Istanbul. "I would like to think within the next two to three months." Dubai-base3d Abraaj is also looking to invest in Turkey after it sold its 50% stake in the nation's largest hospital chain, Abdel Wadood said. "If anything, we would like to get more exposure there and we are looking at a number of sectors and there are a number of deals that we're active in an looking at."