It has appeared that a sum of $500 million may be invested by private equity firm Gulf Capital in Saudi Arabia, the United Arab Emirates and Egypt.

As per the Chief Executive Karim el-Solh, a deal in the healthcare sector that would be announced soon is included in the opportunities.

Though he did not provide many details, he did say that in general the fund targets 10 deals will a deal-size of about $50 million.

Gulf Capital CEO informed that all around the globe, a prominent drop has come in private equity activity. The effect of economic slowdown can be witnessed in the Middle East in 2009 as well. However, after the improvement in business confidence, the sector acquires on over $11 billion and the numbers of deals are mulled to increase again.