Oct 26 2010 |
more articles from
|
Launch of Riyada Enterprise Development (RED), a US$500 million investment platform
Entrepreneurs, finance providers, business leaders and creative professionals from across MENASA to gather in Dubai on November 8-9, 2010
Programme includes workshops, mentoring sessions and inspirational talks by high-profile regional and international entrepreneurs
Event to inspire, empower and connect entrepreneurial ecosystem across MENASA
Addressing the media one month ahead of the start of the Celebration of Entrepreneurship, Arif Naqvi, Founder and Group Chief Executive Officer, Abraaj Capital , and Fadi Ghandour, Member of the Abraaj Board of Directors and Founder and Chief Executive Officer of Aramex, explained that the two-day event is a crucial investment for the region's future generations. The Celebration is aimed at creating an enabling environment for entrepreneurship by empowering, inspiring and connecting entrepreneurs, who are catalysts for the growth of small and medium enterprise across MENASA.
For the first time in the region, the entire entrepreneurial ecosystem will congregate in a highly charged, wholly interactive environment, to celebrate everything about entrepreneurship - the ideas, the stories and the journeys - as shared by entrepreneurs and innovators.
The Celebration programme will feature workshops, inspirational talks by more than 120 high-profile speakers, one-on-one mentoring sessions with regional and international entrepreneurs and an opportunity to interact with policy-makers, institutions, finance providers and professional service providers. More than 50 partners, including leading universities, non-governmental organisations and global multi-nationals, are mobilising their resources to share their expertise at the event and help the entrepreneurial movement in the region gain momentum.
The Celebration of Entrepreneurship will take place on November 8-9, 2010, at the Madinat Jumeirah Conference Centre in Dubai, UAE.
-Ends-
About
Abraaj Capital
:
Abraaj Capital
is the biggest privae equity group in the Middle East, North Africa and South Asia (MENASA). Since inception in 2002, it has raised close to US$ 7 billion and distributed almost US$ 3 billion to its investors. Headquartered in Dubai, the
Abraaj
Group operates eight offices in the region including in Istanbul, Cairo and Riyadh. Funds managed by the
Abraaj
Group or its predecessor entities have made 36 investments in 11 countries and achieved more than 20 exits.
More than 75 world-class investment professionals work for Abraaj Capital , which manages seven funds; four buyout funds; Riyada Enterprise Development Fund, a Fund dedicated to small and medium enterprises; ASAS, an income-generating, sale-and-leaseback Fund; and a real estate Fund. Assets under management at the end of 2009 were US$ 6.1 billion. Funds managed by the Abraaj Group have holdings in about two dozen companies in the region including Air Arabia, the region's biggest low-cost carrier; Acibadem Healthcare Group, Turkey's largest privately owned hospital operator; and Al Borg Laboratories, the Middle East's biggest privately owned medical-testing laboratory company.
Abraaj Capital has won many regional and international awards, including five consecutive years as 'Middle Eastern Private Equity Firm of the Year' from London-based Private Equity International. Abraaj Capital Ltd., a member of the Abraaj Group, is licensed by the Dubai Financial Services Authority. The group is also an associate member of the European Venture Capital Association.
For further information, please contact:
Nicholas Nesson / Tameem Alkintar / Gunjan Chaurasia
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-3355969
Fax: 971-4-3356080
E-mail: n.nesson@asdaa.com / t.alkintar@asdaa.com / g.chaurasia@asdaa.com
© Press Release 2010
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment