Abraaj Capital US$2 billion fund targets vast infrastructure investment opportunities

Abraaj Capital announced the launch of its US$2 billion Shari’a-compliant Infrastructure and Growth Capital Fund (IGCF) in May 2006. Today, Abraaj Capital unveiled to the public an in-depth research report, “The Infrastructure Investment Requirements of the MENASA Region,” and stated that it expects a first close of the fund to take place imminently.

This note of clarification is being sent in response to inaccurate stories that were released by some media earlier.