Arqaam Capital targets completion of 8 M&A Egypt, Gulf deals before year-end

Dubai-based financial services firm Arqaam Capital currently runs financial consulting, merger and acquisition transactions totalling $1 billion in Egyptian and some Gulf markets.

The specialist emerging markets investment bank is running financial consulting as well as mergers and acquisitions, reaching 15 transactions at value of $1 billion, Arqaam’s executive director Sherif El Helw told Amwal Al Ghad on Monday.

Arqaam Capital is planning to conclude between five and eight transactions before the end of 2016 in both Egyptian and Gulf markets, El Helw added.

During the first quarter of 2016, Arqaam Capital has concluded two transactions worth one billion Egyptian pounds ($112.6 million) in food and technology sectors, El Helw stated.