MANAMA: Bahrain-based Investcorp plans to invest at least half of its $1 billion GCC Infrastructure Fund in Saudi Arabia as it seeks to take advantage of investment opportunities in the kingdom, its co-chief executive has said.
“It will focus on healthcare, education, social housing, infrastructure roads and utilities,” Hazem Ben-Gacem told Reuters, adding that the remainder would be invested in other Gulf Arab states and the wider Middle East and North Africa (Mena) region .