UAE tops in MENA private equity business

Last year, the most popular sector for private equity investment was Information Technology, with seven deals, while the media and consumer related sectors saw the completion of four deals each. ... Three funds, Al Masah MENA Growth PE Fund , ARC Real Estate Income Fund and DB Masdar Clean Tech Fund were hopeful of raising a total of $500 million each. "With the higher oil prices and increased government expenditure, we believe there would be a trickle down effect which ...

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