11.03.2009 - Mideast offers ‘big scope’ for private equity
From Gulf-times.com: Private equity firms in the Middle East will find attractive investment opportunities as oil revenues continue to grow and companies with sound growth potential emerge from the current downturn, a senior Dubai government official said yesterday. “At a time when banks are tight on lending, valuations of many companies in the region have dropped and now rely more on private equity,” Omar bin Sulaiman, governor of the Dubai International Financial Center, said at a private equity conference in Dubai..... Full Article: Source