DUBAI Dec 19 Dubai-based private equity firm
Abraaj Group said on Monday that it had appointed Hossam Radwan,
the former head of its Saudi Arabian business, as a senior
Radwan also previously served as chief executive of
investment bank EFG-Hermes in the kingdom and worked at Goldman
Sachs for more than a decade in London and New York, according
to a statement.
Sources familiar with the matter said a year ago that Abraaj
Group was to close its office in Saudi Arabia. The office had
been led by Radwan.
(Reporting By Tom Arnold; Editing by Greg Mahlich)