Abraaj Capital Invests $28 Million Across Five Start-ups

Dubai-based private equity firm Abraaj Capital will invest $28 million across five startups based in Egypt, Kuwait and Jordan, Reuters reported. The investments come from the firm’s $500 million Riyada Enterprise Development fund, which invests across multiple sectors including healthcare and agriculture. The firm expects to close an additional 10 investment before the end of the year, Reuters said.

9 November 2010•1 min read
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