Saudi Arabian IT service provider, Al Falak Electronic Equipment and Supplies, has said that it is looking for opportunities to invest in and acquire companies in Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, Jordan and Egypt, Emirates Business has reported. The company's president Ahmed Ashadawi said that the group is looking to grow through acquisitions. 'The new investments and acquisitions will be completed in the 2009-2010 period,' he said.