Private equity fund opens office in Ramallah

A Dubai-based private equity fund is opening an office in Ramallah. The Dubai-based private equity group Abraaj Capital has announced plans to open an office in the West Bank city of Ramallah that will handle the company’s $50 million Palestine Growth Capital Fund, which invests in small- and medium-sized enterprises.Since its establishment in 2002, Abraaj Capital has raised $7 billion and