Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Abraaj Capital seeking three Saudi investment deals  Join our daily free Newsletter

MENAFN - - 18/04/2012

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fqn_news_story_s.aspx%3fstoryid%3d1093504824 Share This Article: http%3a%2f%2fwww.menafn.com%2fqn_news_story_s.aspx%3fstoryid%3d1093504824 Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN) Dubai-based Abraaj Capital Ltd. is negotiating for three investments in Saudi Arabia totaling USD450 million, Bloomberg reported.

Ahmed Badreldin, senior partner at Abraaj Capital, said that the company is looking to seal one of the deals in the next three to four months.

Middle East's largest private equity manager is also looking at a possible USD100 million equity buyout deal in sub- Saharan Africa, Badreldin said. He added that Abraaj may also close two investments this year.

Abraaj Capital, also considered Middle East's biggest buyout firm, made an investment deal with Kuwait Energy earlier this month through its Abraaj Private Equity Fund IV (APEF IV).

 






  MENA News Headlines
Jun 19 2013Saudi- ESB abuse is 'extortion' ,Arab News
(MENAFN - Arab News)  With the July 3 amnesty deadline approaching, many sponsors are forcing workers to give up their end-of-service benefits in exchange for release letters. Muhammad Al-Masri, ...

Jun 19 2013Saudi- 5,000 Nitaqat-hit Indians find jobs ,Arab News
(MENAFN - Arab News)  As many as 5,000 Indian expats have been employed in various fields and by different companies following proactive measures taken by the Indian Consulate to help Indians ...

Jun 19 2013Saudi- Urgent plan to control sewage overflows urged ,Arab News
(MENAFN - Arab News)  Makkah Gov. Prince Khaled Al-Faisal yesterday urged officials to implement an urgent plan to resolve the problem of sewage and groundwater overflows in various Jeddah ...

Jun 19 2013Saudiu- 'No MERS case in Jeddah' ,Arab News
(MENAFN - Arab News)  A Jeddah health official rejected a report that a two-year-old boy in the city has fallen prey to the deadly Middle East Respiratory Syndrome Coronavirus (MERS). This ...

Jun 19 2013Saudi- 'One million extra plane seats needed for summer' ,Arab News
(MENAFN - Arab News)  One million extra seats are needed on domestic flights to meet demand in summer, according to travel and tourism experts. Khaled Al-Aboud, CEO of a travel agency, said the ...

Jun 19 2013Task force team eyes Saudi industrial projects ,Arab News
(MENAFN - Arab News)  The Japan-Saudi Arabia Industrial Cooperation Joint Task Force is now engaged in a series of interviews with Saudi major companies. The objective of this activity is to ...

Jun 19 2013Saudi- ANB plays pivotal role in financing key projects in the Kingdom ,Arab News
(MENAFN - Arab News)  Established in 1979, the bank commenced commercial operations in February 1980 with one branch in Jeddah, having acquired the local operations of Arab Bank plc. headquartered ...

Jun 19 2013Saudi- Real estate stocks steal the show ,Arab News
(MENAFN - Arab News)  The Tadawul All-Share Index (TASI) continued its upward march, marking another gain of 0.84 percent yesterday. While curving in the upward territory throughout the day it added ...

Jun 19 2013Saudis may withdraw investments in Egypt ,Arab News
(MENAFN - Arab News)  Abdullah bin Mahfouz, president of the Saudi Egyptian Business Council, said a number of Saudi investors in Egypt will be forced to withdraw their investments from Egypt, if ...

Jun 19 2013Saudi Arabia spends 5.6% of GDP on education ,Arab News
(MENAFN - Arab News)  Kuwait Financial Centre (Markaz) recently published the executive summary of its report on GCC education sector. In this research note, Markaz analyzes status of the GCC ...

more...


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help