Saudi Arabia, UAE robust growth spurs private equity, real estate, infrastructure: Investcorp

18/02/2024 Argaam
Logo ofInvestcorp Capital

Logo of Investcorp Capital

Mohammed Alardhi, Chairman of Investcorp Capital PLC, said the robust growth witnessed in Saudi Arabia and UAE provides great opportunities for private equity, real estate or infrastructure.

 

In an interview with Asharq Business, Alardhi said most of the company's assets are currently in the US and Europe, but its investments and assets in the GCC region are set to rise at a rapid pace, in addition to other assets in India, China and Asia. He noted that the GCC region has a special status, and the company is keen to bringing investments to it.

 

He stated that Investcorp Capital aspires to double its assets to $100 billion, which is challenging as the stage will not be limited to expansion only but will also include an upscale with increased benefits and returns for shareholders and owners.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.