Summit Notebook
Exclusive outtakes from industry leaders
Young minds, old bodies offer private equity opportunities
Healthcare and education offer a new frontier for Middle
East private equity firms as they take advantage of dramatic
demographic changes in the region.
At least that’s the view held by Dubai-based private equity
player Abraaj Capital.
“With 60 percent of the population, give or take, that’s
younger than 30 years old, you’ve got the need for massive
investment in infrastructure in order to be able to create
employment and cater to this growing population,” Abraaj
executive director Fred Sicre said at the Reuters Middle East
Investment Summit.
In a report this week, Ernst & Young said the Middle East
and North Africa region needs more than $100 billion of joint
investment from the public and private sector over the next five
years to keep up with population growth.
