Fajr Capital Limited has announced its acquisition of Dubai International Capital’s stake in the MENA Infrastructure Fund. Fajr Capital will take its place alongside the two other general partners and co-sponsors of the fund, HSBC Bank Middle East and Abu Dhabi-based Waha Capital, and will also be a limited partner with other regional and international investors.
Fajr Capital is an international Islamic investment firm with a focus on financial services and other strategic sectors in key Muslim markets. It is backed by the Abu Dhabi Investment Council, the Alsubeaei Group, the Government of Brunei Darussalam, the HSBC Group and Khazanah Nasional. The MENA Infrastructure Fund is its second investment this year………………………………………..Full Article: Source