Private equity firm Abraaj appoints senior external adviser: Reuters

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 external adviser.

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.