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FINANCIAL NEWS
Dubai-Abraaj aims USD1bn Latin America investments
19 Jun 2016
(MENAFN) Abraaj Group, one of the main private equity investors in developing markets, will double its assets in Latin America to almost USD1.5bn through the coming five years.
Moreover, the firm will start looking at the prime markets of Argentina and Brazil for deals, and at ways to make investments outside the Pacific Alliance.
The firm, which has almost USD10bn under management globally, is focusing on retail businesses which benefit from a growing middle class and private consumption.
In addition, the company owns 50 percent of Peruvian restaurant group Acurio Restaurants, which will expand to Asia and the Middle East for the first time.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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