From Tradearabia.com: Standard Chartered expects to complete private equity deals in the Middle East in 2010, but sees the unhealthy IPO market and a price expectation gap between buyers and sellers as barriers to the sector’s revival.
Taimoor Labib, recently named head of the emerging markets-focused British bank’s private equity business for the Mena region and Turkey, is eyeing opportunities in the manufacturing, health and retail sectors with a focus on the UAE and Saudi Arabia……………………………………….Full Article: Source