150 PE funds operating in the Middle East

The Middle East is showing signs of recovery with attractive investment opportunities which will help the private equity (PE) industry to grow significantly over the next three to five years, even though its investor base may remain mostly niche, notes a latest research.

Source: Emirates Business 24|7 - 25 Aug, 2010

Siraj Capital to set up PE fund

Siraj Capital, a Saudi-based investment group, is in talks to set up a private equity fund worth initially up to $100 million (Dh367m) to acquire small and medium-sized firms in the kingdom, its top executive said.

Source: Business 24|7 - 12 Apr, 2010

Rasmala PE fund to invest in Saudi

Dubai-based investment bank Rasmala Investments plans to spend about one-third of proceeds from a planned private equity fund for investments in Saudi Arabia within the next four years, its chief executive said.

Source: Business 24|7 - 12 Apr, 2010

Kingdom seen to be next big private equity market

RIYADH: The region's key players in the private equity industry are united in saying that Saudi Arabia is considered the next big market for private equity and venture capital investors. In fact, it is being projected that the Kingdom may become the center for private equity in the Middle East.

Source: Arab News - 10 Apr, 2010