{"id":622652,"date":"2018-10-09T04:35:02","date_gmt":"2018-10-09T04:35:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/09\/blackstone-launches-company-to-invest-in-mena-energy-opportunities\/"},"modified":"2018-10-09T04:35:02","modified_gmt":"2018-10-09T04:35:02","slug":"blackstone-launches-company-to-invest-in-mena-energy-opportunities","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/09\/blackstone-launches-company-to-invest-in-mena-energy-opportunities\/","title":{"rendered":"Blackstone launches company to invest in MENA energy opportunities"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> ** #6 <strong>Blackstone launches company to invest in MENA energy opportunities:<\/strong> Global private equity giant Blackstone has set up a standalone company, <a href=\"http:\/\/www.zarougroup.com\/\">Zarou<\/a>, through which it will invest in energy opportunities in the Middle East and North Africa, <a href=\"https:\/\/www.blackstone.com\/media\/press-releases\/blackstone-launches-new-mena-focused-energy-development-company-zarou\">the company announced yesterday<\/a>. \u201cZarou will develop, finance, construct and operate energy-related projects in the Middle East and North Africa. Zarou\u2019s focus is primarily on thermal and renewable power [investments] and also includes oil & gas midstream and water assets.\u201d Through Zarou, Blackstone will invest \u201chundreds of mns of USD\u201d in Egypt, Jordan, and Morocco, among other countries in the region, people familiar with the matter tell the <a href=\"https:\/\/www.ft.com\/content\/e9097070-c9ff-11e8-b276-b9069bde0956\">Financial Times<\/a>. Zarou will be led by Sameh Shenouda, former head of infrastructure equity investments at CDC Group.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>** #6 Blackstone launches company to invest in MENA energy opportunities: Global private equity giant Blackstone has set up a standalone company, Zarou, through which it will invest in energy opportunities in the Middle East and North Africa, the company announced yesterday. \u201cZarou will develop, finance, construct and operate energy-related projects in the Middle East [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622652","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3150d7a4-7996-4c10-b349-fcf95f2e77c1","order":"0","is_powered_by":true,"section_story_id":"3d62a3bd-da66-42ea-8ff7-c9cf51451350","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622639],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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