6/3/2009

Gulf-based private equity attracted to Turkey’s health sector

The Financial Times - Gulf-based private equity firms searching for a relatively safe shelter for investments are increasingly considering the regional health industry. Abraaj Capital, the largest private equity house in the Middle East, has acquired stakes in Acibadem Healthcare – a premium hospital group in Turkey – Saudi Tadawi Health Care, a pharmaceuticals company, and Al Borg Laboratory in Egypt. Private equity executives say the most attractive markets are the most populous countries, such as Turkey, Egypt and Saudi Arabia.