SWF Radar

Istithmar chief: 'I am looking at everywhere but the US'

Posted by Editor on May 19, 2008 at 06:41 AM

Emirates Business reports that, “Dubai government investment agency Istithmar World Ventures has been ‘put off’ looking for deals in the US and instead will seek new opportunities in Africa and the Far East, according to its CEO.”

The article quotes Ahmed bin Fahad as telling Arabian Business magazine on the sidelines of the World Economic Forum (WEF) meeting in Sharm el Sheikh, Egypt, that, “I am looking at everywhere but the US.”

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