Middle East Economic Survey


No 16


Private Equity Fund Offers Investors First Foothold In GCC Energy Market

South Africas Standard Bank and Bahrains Gulf International Bank (GIB) have set up an energy fund that will enable investors for the first time to have access to the GCC energy market. The GCC Energy Fund, managed from Dubai, is open to financial institutions, industrial companies and high net worth individuals who can meet the funds $2.5mn minimum investment...