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Millenium launches $5bn fund

Millenium Finance, whose partners include Dubai Islamic bank and Dubai World, says it plans to create $5bn worth of private-equity funds to invest in high growth emerging markets, Bloomberg reported. The funds will buy companies in the Middle East, Africa and Asia in industries including energy, financial services, property, health, media and telecommunications.
www.ameinfo.com End Post

2 Comments:

Blogger bizzwhizz said...

New sources of finanace are sprouting in UAE frequently. SO entrepreneurs have your business plans ready to roll out and grab the opportunities.

8:21 PM  
Anonymous Anonymous said...

yea they are coming up but I wonder how much of them actually work on merit rather than doing locals favours for bigger contracts from their families

9:50 PM  

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