Arif Naqvi isn’t spooked by turmoil.
Abraaj Capital, his Dubai-based private equity firm, made one of its first buyouts in the aftermath of the 9/11 terrorist attacks, acquiring Aramex, a Jordanian express mail company that traded in New York.
“It was the first transaction post Sept. 11 of one Arab company buying another Arab company off of Nasdaq, so you can imagine the heightened level of scrutiny,” Mr. Naqvi said. “We bought Aramex, and it set us off on the journey of Abraaj.”
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