Private Equity
The country's latest tax exemption for foreign investors applies to private equity profits, formerly taxed at rates of either 15% or 25%.
2 min read · 05 January 2013
Sari Anabtawi will head the MENASA-focused firm’s fourth office outside the UAE. He leads a seven-strong team, which will source investment opportunities and work to grow the businesses of the firm’s portfolio companies in the kingdom and in the region.
2 min read · 05 January 2013
Despite having seen its private equity assets decline by about $7bn last year, KKR told investors its dry powder, new business lines and products have it poised for growth.
2 min read · 05 January 2013
The New York-based private equity firm also has named former US Secretary of State Colin Powell as chairman of its advisory board. The firm has continued to invest in the market downturn, buying Israel-based library automation solutions company Ex Libris last August.
2 min read · 05 January 2013
The fund will reportedly invest in distressed shipping assets and provide expansion capital to shipping companies.
1 min read · 05 January 2013
Following the close of its debut special situations fund on under $200m last October, the Abraaj spin-out is expanding its business lines.
2 min read · 05 January 2013
Ford Fraker will augment the firm’s network and relationships in the Middle East, where KKR began operations last year. He remains a shareholder in Trinity Group, a London-based investment bank and placement agent he co-founded in 1996.
1 min read · 05 January 2013
Last year’s PEI Private Equity Leader Award winner has said that the European venture capital market will not achieve the same status as that of the US or Israel without the creation of a functioning public market for high growth companies.
2 min read · 05 January 2013
Nader Sultan will help the global private equity firm source energy deals in the MENA region.
1 min read · 05 January 2013
Kuwait Finance House and Cyprus’ SFS Group have teamed to launch a $150m sharia-compliant private equity fund focused on shipping.
2 min read · 05 January 2013
