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FINANCIAL NEWS
Abu Dhabi’s Gulf Capital targets four deals in Egypt
26 May 2015
(MENAFN) Abu Dhabi’s Gulf Capital is presently eying four transactions in diverse sectors in Egypt, particularly in healthcare, oil and gas, petrochemicals and consumer goods, Reuters reported.
The deals come as the company looks forward to holding USD5 billion in assets under management by the year of 2018, according to its CEO who pointed out that company is moving from a current USD3.5 billion.
“Our aspiration is to be a USD5 billion to USD10 billion asset manager,” he said. We’re looking to launch our next credit fund soon. It’ll be in the next 6 months,” the CEO added in the statement.
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