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Article: Abraaj Capital Opens Saudi Office, Sees Growth Opportunities
- Article from:
- Al Bawaba
- Article date:
- May 31, 2009
CopyrightCopyright 2009 Al Bawaba. Provided by ProQuest LLC. (Hide copyright information)
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Dubai-based private equity group Abraaj Capital, which has raised
about US$ 7 billion since inception in 2002, announced today the
opening of its office in the Saudi Arabian capital Riyadh with a
dedicated investment team to tap growing opportunities in the
largest Arab economy.
The team of eight, headed by Executive Director Sari Anabtawi,
46, will work to identify new investment opportunities as well as
work with existing Abraaj partner-companies to grow their business
in Saudi Arabia and the region.
The office is Abraaj's fourth outside the United Arab Emirates as
the company expands across its investment region; the Middle East,
North Africa and South Asia (MENASA). The US$ 465 billion ...