Masah injects AED 1.5bn into UAE; eyes GCC markets

Dubai – Mubasher: Al Masah Capital allocated about AED 1.5 billion in investments in the sectors of education, healthcare, nutrition and logistics in United Arab Emirates beside Kuwait and Oman, a senior executive said on Thursday.

The alternative asset manager is ready to enter the Saudi and Qatari markets by the beginning of the next year 2016, Abu Huwaij, a senior director at the company said on the sidelines of the fifth Al Masah Capital Annual Investor Forum.

“The Dubai-based private equity firm focuses its investments on education and healthcare, given the great interest by its investors in both sectors,” he explained.

“Al Masah Capital now owns about 32 health facilities; clinics and specialized hospitals, as well as about 25 educational facilities; nurseries, kindergartens and schools, around the Arab Gulf countries. 

 

Mubasher Contribution Time: 19-Nov-2015 05:56 (GMT)