The bank has partly financed a recent sale-transaction between the Carlyle Group, one of the world’s largest private equity firms, and KSA’s- the General Lightning Company(GLC), one of the largest Saudi companies in its domain. Under the deal which closed on Monday, Carlyle bought 30 percent of the Saudi firm.

It was unclear how much did Audi provide in financing. The total value of the deal was undisclosed as well.

Bank Audi, and through its Saudi affiliate-Audi Capital- has also acted as the sale advisor on the transaction, the bank said.

According to Audi Capital’s CEO, Abdallah Saade, “there are lots of sizeable opportunities in the Saudi market in different sectors.” As for, Walid Musallam, Carlyle’s Managing Director and Head of Carlyle Mena, “this is Carlyle’s first investment in KSA.”