EMPEA Insight: MENA (March 2010)
Private equity activity in the Middle East and North Africa (MENA) region slowed in 2009. Funds dedicated to MENA raised a total of US$1.1 billion in 2009, from a record high of US$6.9 billion raised in 2008. Investments were similarly sluggish in 2009, although falling less steeply, at US$2.2 billion (34 deals) from US$3.4 billion in 2008 (67 deals).