From Gulf-times.com: Private equity firms in the Middle East are looking at development financial institutions (DFIs) as an alternative to elusive bank lending, executives said yesterday.
“The change in mix of funding providers – more (reliant) on development financial institutions as opposed to Western commercial banks – is going to be the theme for private equity in 2010,” said Ahmed El Houssieny, managing director at Cairo-based Citadel Capital, at a conference in Dubai………………………………..Full Article: Source