The company told that it would make sense for long-term investors to start investing toward the end of 2009.

Last October, Abraaj invested nearly $3 billion for a buyout fund with the aim to make investments across the Middle East and Africa.

While on the sidelines of the World Economic Forum at the Dead Sea in Jordan, Abraaj Managing Director Mustafa Abdel-Wadood said that valuations are attractive but more importantly they have a little bit more visibility or stability.

He added, “Even if it's a challenging environment at least (there is) a bit more visibility than six months ago.”

Presently, the company has nearly $6 billion in funds under management, which also includes a stake in United Arab Emirates-based low-cost carrier Air Arabia.

(via TopNews Arab Emirates. Contributed by Faarooq Mehmood)