Abraaj Capital Says Careers UAE 2008 to Create Sustainable Talent PoolPress Release17 Apr 2008 01:38 pm
- Middle East's private equity industry to receive boost at careers event
- The DIFC moves closer to sustainable knowledge pipeline
Abraaj Capital announced that it is one of the partners of the Dubai International Financial Centre (DIFC) at Careers UAE 2008, the leading recruitment fair in the Middle East.
Dubai-based Abraaj Capital, a private equity firm with $5 billion under management, will host a stand within the DIFC's dedicated pavilion as it seeks to boost the profile and reputation of private equity in the UAE.
The focus of the event is to develop the DIFC as a key financial market that will actively bridge the Middle East and international financial services industries.
Marwan Lutfi - Senior Vice President at Abraaj Capital, said: "Abraaj is a true home-grown, regional story. Our aim has always been to exploit the potential of this region and create world class returns from the surrounding opportunities. Yet, investing in human capital has always been an important factor attributable to our success. The UAE government has created the right level of education for its nationals and we would like to take part in directing these talents to serve their growing career ambitions and ignite the entrepreneurial spirit within."
Nasser AlShaali, CEO of DIFC authority, added: "We welcome Abraaj Capital's commitment to the Career UAE 2008 event. The DIFC, along with all of its partners, is dedicated to ensuring that, wherever possible, companies based in the DIFC are sourcing talent from the local market. The future of the DIFC and the wider regional economy is dependant on ensuring that people have the enthusiasm, commitment and skills for long-term careers in the thriving financial services industry."