
Riyadh – Sharikat Mubasher: Global investment firm Actis is in negotiations to invest in the data center, renewable energy, and infrastructure sectors in Saudi Arabia and the UAE, as part of its expansion strategy in the region, according to Sherif El Kholy, partner and head of Middle East & North Africa at Actis.
Speaking to Asharq Business on the sidelines of the Qatar Economic Forum in Doha, El-Kholy said the recent visit by U.S. President Donald Trump to the Gulf is expected to enhance the region’s appeal as a global hub for investment and trade.
Actis is also exploring wind and solar energy projects across the Gulf, following its investments totaling $500 million in various regional ventures.
In Egypt, El-Kholy noted that renewable energy and infrastructure projects remain highly attractive, thanks to favorable conditions for wind and solar development. Actis has invested around $1.5 billion in Egypt, including its recent West Bakr Wind Farm project in the Gulf of Suez.