Itqan Capital Sponsors Forum on Creating New Value and Activating Growth
Experts Discuss Investment Opportunities in KSA
Riyadh, Kingdom of Saudi Arabia – November 13th, 2013: This year’s premier professional forum featuring the Kingdom’s Private Equity community attracted a large number of participants last week in Riyadh.
Itqan Capital, a superior provider of investment offerings in the Saudi market sponsored the 2013 PE Partner Equity Forum, which investment opportunities in vital sectors including education, healthcare, consumer-driven sectors, and industries as well as alternative energy.
The forum offered a platform for participants from numerous fields and practices to discuss and share their perspectives on accessing investment opportunities as well as capital sources in the Kingdom of Saudi Arabia.
Mr. Adil Dahlawi, Managing Director & CEO at Itqan Capital, stated, “Fundamental factors like demographics, the robustness of financial institutions, healthy economic outlook and steady growth, continue to place the Kingdom as a leading PE destination in the region, as Saudi Arabia ranks among the top 15 countries worldwide in FDI inflows and remains the largest in MENA according to the World Investment Report.”
He further added, “Saudi Arabia’s resilience to the Arab Spring has assured the Kingdom’s position with major international investors as an attractive and promising investment destination.”
Building on that momentum, Itqan Capital has recently announced its intention to launch the first private equity fund focused entirely on investing in the education sector within the Saudi market in particular and the MENA region at large. A memorandum of understanding was signed with D3 Consulting, a leading regional company in the education sectors, to partner with Itqan Capital in the fund that is planned to be launched in the first half of 2014.