Advertisement
UK markets closed
  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     
  • HANG SENG

    18,207.13
    +444.10 (+2.50%)
     
  • CRUDE OIL

    78.89
    -0.11 (-0.14%)
     
  • GOLD FUTURES

    2,310.60
    -0.40 (-0.02%)
     
  • DOW

    38,062.97
    +159.68 (+0.42%)
     
  • Bitcoin GBP

    47,119.74
    +1,610.38 (+3.54%)
     
  • CMC Crypto 200

    1,273.61
    +2.87 (+0.22%)
     
  • NASDAQ Composite

    15,730.33
    +124.85 (+0.80%)
     
  • UK FTSE All Share

    4,446.15
    +27.55 (+0.62%)
     

Abu Dhabi's Gulf Capital says eyes four deals in Egypt

By David French ABU DHABI (Reuters) - Abu Dhabi's Gulf Capital is considering four deals in Egypt in healthcare, oil and gas, petrochemicals and consumer goods, the firm's chief executive said on Monday. Gulf Capital also aims to hold $5 billion in assets under management by 2018, CEO Karim El Solh told reporters on the sidelines of a conference in Abu Dhabi. This would be up from $3.5 billion currently. "Our aspiration is to be a $5 billion to $10 billion asset manager," he said. "We're looking to launch our next credit fund soon. It'll be in the next 6 months," Solh said, adding he hoped the fund would be worth $250 million.