With a marked slowdown in the number of deals inked in the region this year, dry powder for the Middle East private equity industry is high.
Private equity investors are often frontrunners in business cycles and the recovery from this downturn should be no exception.
According to Imad Ghandour, Executive Director, Private Equity at Gulf Capital, regional PE companies are sitting on about $12 billion-$13bn (Dh44bn-Dh47.7bn) in undeployed capital earmarked for buy-outs but sildelined until market conditions improve. Read full story here.
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