Dubai private equity firm invested in cinema operator Cinepax
Dubai private equity firm Abraaj Group has invested in Cinepax, Pakistan's top cinema operator.
Cinepax was opened in 2006 and currently has 29 screens spread throughout 8 cities in Pakistan. With Abraaj investment, they're aiming to add 80 more screens in different locations by 2021 as well as pursue other ventures in entertainment. (Founded in 2002, Abraaj Group invests in thematic businesses as well as private equity in industries like healthcare, energy infrastructure and real estate.)
Abraaj Group is listed in the Middle East Investors Directory with the code OR01.
More details follows:
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