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Saturday, September 04, 2010
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Dubai's Baer Capital eyes new PE fund
Dubai  
 
  India-focused Baer Capital Partners expects to raise around $300 million for a second private equity fund and plans its first exit by floating a power distribution company, its chief executive told Reuters.  
   

  Mena M&A deal value drops 15pc
Dubai : 
  The mergers and acquisitions (M&A) deal value announced in the Mena region dropped by 15 per cent in the first half to $18.5 billion, compared to $21.7 billion announced in the same period last year, according to Ernst & Young.     
   
  Egypt pound hits new low to dollar
Cairo : 
  The Egyptian pound traded as low as 5.7055 to the dollar on Tuesday, its weakest since January 2007.     
   

 
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