Deloitte's, Danfonds accountants, have conducted a survey of confidence and market sentiment in the Middle East and North African private equity market.
They conclude the attractiveness of the relatively untapped potential of the MENA region, against a backdrop of strong economic growth, looks set to continue. The survey finds that increasing levels of available capital and continuing macro-economic growth are identified as the key drivers. Entry P/e multiples are expected to increase, stimulated by high levels of liquidity. A shortage of skilled investment professionals is regarded as being the critical challenge impacting the MENA private equity industry.
The summary of the survey may be downloaded from www.deloitte.com