January 5, 2013 - Growthgate May Invest $200m More In Mideast - Khaleej Times

Growthgate Capital Corp, a Dubai-based private-equity firm with investments in companies that are valued at $1.4 billion, said it may invest an additional $200 million in businesses in the Middle East that weren’t hurt by the turmoil of the Arab Spring as difficulties raising funds abate.

“The markets that we like the most, the Gulf Cooperation Council, plus Jordan and Morocco, have gained
more prominence after the Arab Spring and we think that they hold the most promise for private equity,”
Karim Souaid, managing partner of Growthgate, said in an interview on December 31.

 

Growthgate May Invest $200m More - Khaleej Times