IslamicFinance.de

In a recent announcement, Fajr Capital Limited has informed about its acquisition of Dubai International Capital’s stake in the Mena Infrastructure Fund. Fajr Capital will join the other two major partners of the fund, HSBC Bank Middle East and Abu Dhabi-based Waha Capital, being a limited partner with other regional and international investors. Fajr Capital’s transaction is expected to result in strengthening the company's position in the MENA region, building exposure in the key markets of Egypt, the Sultanate of Oman and the Kingdom of Saudi Arabia as well as increasing the company's assets.