(MENAFN) Masharie, the Dubai-based private equity fund, posted USD47.65 million revenues in the first quarter of the year, marking a significant 26 percent increase year-on-year, Gulf News reported.
Last year, the company operated with a tremendous trend of success, achieving consolidated revenues of USD199.06 million as against USD149.77 million in 2013, according to financial reports.
"These figures show a growth trend in the healthy portfolio of Masharie. As a company, Masharie"s diversified business is its forte," an official said in a statement.
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