Qalaa Holdings

While the performance of portfolio companies returned to pre-revolutionary levels, a lack of exits and one-off fees hampered the firm’s performance.

The Egyptian firm intends to invest the lion’s share of the capital raised from a US government agency in Egypt to support the transformation of areas reeling from the Arab Spring.

Citadel Capital has experienced turmoil this year, and while this week's second quarter results showed a net loss of $4.2m, a rights issue has helped bring the group back onto an even keel.

Citadel Capital moved a step closer to selling a stake in itself on Tuesday, appointing Citigroup to advise on strategic options. Two days later, it won approval to vote on a $175m rights issue.

Citadel Capital and Abraaj’s Riyada Enterprise are amongst the recipients of a White House-backed fund to support technological development in the Middle East.

The Cairo-headquartered private equity firm recorded net earnings of $38.1m for 2009 on revenues of $79.2m.

Citadel Capital, the Cairo-based private equity firm, recently announced plans to invest up to $400m over the next two years in a range of sectors in East Africa, including infrastructure. InfrastructureInvestor caught up with the firm’s founder and chairman Ahmed Heikal to get the low-down on where the money will go and why – below is an excerpt of the interview.

Citadel Capital founder Ahmed Heikal told PEO's sister publication Infrastructure Investor why he wants to invest up to $400m in East Africa.

What are the Canadians up to now? Always a popular question. Here’s today's brief, for our valued subscribers only.

In 2012, a merger between two very different fund managers created the Abraaj Group. In April, Philip Borel spoke with several senior partners in the new business about the strategy they’re seeking to execute

The Cairo-based firm raised a combined $767.9m in third party cash for platform companies and at the firm level in 2011.

If you thought private equity in MENA was headed for extinction, think again.

If you thought private equity in MENA was headed for extinction, think again.

Stephen Pagliuca, managing director at Bain Capital, delivered a keynote address at PEI’s Capital Connect: MENA 2012 conference in Dubai, arguing that the future for the region looked bright.

Political risk was on stark display in Africa this year, potentially overshadowing investment opportunities in countries in need of investment capital, writes Hisham El-Khazindar.

The Emerging Markets Private Equity Association has appointed Henry Obi, the chief operating officer of Helios Investment Partners, as its first chairman of the newly-created EMPEA Africa Council.