Reuters - Mid-East PE Firms Exiting Investments

Private equity firms in the Middle East are preparing to exit a range of investments, a sign that asset markets in the region are recovering from the twin blows of Arab Spring uprisings and the global financial crisis, Reuters reported. Firms including Abraaj Capital, Egypt's Citadel Capital, Abu Dhabi-based Gulf Capital and the private equity arm of Standard Chartered aim to conduct at least three initial public offers of shares and a dozen portfolio asset sales in coming months, conversations with industry executives suggest.

24 October 2012•4 mins read
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