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Walid Majdalani, the president of Investcorp’s corporate investment business, revealed the company’s recent investments in Saudi Arabia totaled $700 million. Majdalani said in an interview with “Al Arabiya”, that “Investcorp” participated with Saudi family companies to take them to the capital market and list them. “It was a huge demand…
Hazem bin Jassim, Investcorp’s co-CEO, said the fund plans to launch a $500 million Saudi fund that will invest in private companies that will eventually be listed on the Saudi stock exchange. Investcorp also wants to launch the fifth Saudi firm in its existing investment portfolio on the Tadawul Stock…
