Dubai Investments to take its Private Equity arm public

Dubai Investments is in talks to list its private equity arm, M'Sharie, on the Dubai Financial Market or Nasdaq Dubai within a year - The Reuters is reporting. M'Sharie focuses on private equity investments in medium and large scale establishments in the Middle East region.

Dubai Investments has been invited to manage investment parks in Jordan and Saudi Arabia and it is also awaiting a final approval to develop and manage an investment park in Fujairah, a northern emirate in the UAE, the first phase of which will cost $27.23 million.

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The Reuters story follows