Abraaj Capital and Kuwait Energy Sign Strategic Investment Agreement (MENA)
Posted On: 10 Apr 2012 | Source: Zawya
Private equity manager Abraaj Capital has announced an agreement to invest in Kuwait Energy, an upstream oil and gas exploration and production company with operations in Egypt, Iraq, Yemen, Oman, Ukraine, Latvia, Russia and Pakistan. The investment, which will be made through Abraaj Private Equity Fund IV (APEV IV), aims to enable the company’s ongoing growth and development plans. The value of the transaction was not disclosed.