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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
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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