Three Middle Eastern investors have set up three investment platforms for the infrastructure, agricultural and hospitality sectors, which will be raising $3.5bn ($5bn) to commit across the region.

Gulf Finance House and Ithmaar Bank, two regional investment banks, and investment firm Abu Dhabi Investment House are raising $1.5bn for infrastructure vehicle InfraCapital, $1bn for agriculture company AgriCapital and $1bn for its Hospitality development fund.