October 18/Dubai/Menafn -- Carlyle Group's managing director and the executive in charge of the firm's Dubai office, Firas Nasir, said that by the end of 2011, the private equity firm would buy a food processing company in Saudi Arabia, reported Arab News.
Nasir added that the company invested in General Lighting Co., Saudi Arabia's largest lighting fixtures manufacturer and supplier, planned to ink more deals in the Gulf region.