In The News

Rasmala Investments acquires 70% of a Brokerage Company in Oman

November 13, 2007

Dubai, 13th November 2007 Rasmala Investments Holdings has announced that is has acquired 70% of Al Qurum Financial Investment Co. LLC. (Qinvest), an Omani brokerage company established in 1995. Commenting on the announcement, Mr. Ali Al Shihabi, Founder and CEO of Rasmala Investments Holdings Limited said: “The buyout of Al Qurum comes as part of Rasmala’s ...
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Rasmala Investments expands its operations in Saudi Arabia

November 6, 2007

Dubai, November 06, 2007 Rasmala Investments Holdings announced that it has been granted the official approval by the Saudi Capital Markets Authority to expand its services in Saudi Arabia to include private equity, mergers and acquisitions, IPO advisory, asset management and brokerage Commenting on this development, Mr. Ali al Shihabi, Founder and CEO of Rasmala, said: ...
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Rasmala Investments Holdings acquires 51% of a leading investment bank in Egypt

October 30, 2007

Dubai, October 30th, 2007 This group includes: • Delta Securities Egypt, one of the five largest brokerage companies in Egypt; • Delta Asset Management an established asset management firm recently acquired by Delta from ABN Amro Bank with assets under management of EGP 1.5 billion; • Delta Capital Investments, a corporate finance firm with a strong and established track ...
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One of the first private equity funds targeting the GCC Rasmala Private Equity Fund is paid off, returning 3.5 times capital

June 11, 2007

Dubai, June 11, 2007 – Rasmala Investments announced in Dubai yesterday the successful wind up of the Rasmala Private Equity Fund 1, a fund launched in the year 2000 with the objective of investing in the financial services sector in the GCC. “We returned to investors over 3 times their capital in just over 6 years, ...
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Rasmala doubles its Capital

May 26, 2007

Dubai 26 May, 2007 Rasmala Investments, a leading regional Investment Bank, based in the Dubai International Financial Center, announced today that it has recently doubled its capital from Dhs 185 Million to 370 Million attracting 10 prominent investors from Saudi Arabia, Abu Dhabi, Dubai and Oman through a private placement. Commenting on this, Mr. Ali Samir al ...
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Rasmala Launches its Operations in Saudi Arabia

May 12, 2007

May 12, 2007 Rasmala, One of the leading regional investment bank based in Dubai International Financial Center, announces the appointment of Mr. Hamad Mubarak Al Huthaili as the General Manager of its subsidiary Rasmala Saudi Arabia. This announcement comes after Rasmala has been licensed by Saudi Capital Market Authority and approved by the Ministry of Commerce ...
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Ground Breaking commences on new i-Rise office Tower in TECOM

May 7, 2007

7 May 2007 Realty Capital’s 37-storey development to become one of the most prominent business towers in the region Realty Capital Middle East FZ LLC, a joint venture property developer, has recently announced that ground breaking has commenced on its Dubai’s office tower ” i-Rise “ a 37-storey development earmarked to become one of the most prominent ...
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Rasmala Investments Ltd and Commercial Bank of Dubai Announce Asset Management Joint Venture

May 6, 2007

6 May 2007 Rasmala Investments Holdings Ltd (Rasmala) and Commercial Bank of Dubai (CBD) announced today the establishment of an Asset Management Joint Venture company in the Dubai International Financial Centre. This Joint venture will operate under the name “Rasmala CBD Asset management Ltd” and will be owned 70% by Rasmala Investments Ltd (DIFC) and 30% ...
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Rasmala Wins Newcomer of the Year

March 7, 2007

March 7th 2007 DUBAI, UAE – Rasmala Investments, a regional Investment Bank, celebrated its win in the first Hedge Funds World Middle East Awards Ceremony which was a part of the eighth annual Hedge Funds World Middle East Conference. Rasmala, which made the finalist lists in two categories, won the award for the Newcomer of the Year. ...
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The iHilal Sharia Compliant Global Equity Fund offers exposure to promising global equity markets in a Sharia compliant manner

February 11, 2007

11 February 2007 Rasmala Investments, a regional Investment Bank, has recently launched a unique Fund focused on Sharia Compliant investments in global equity markets. The iHilal Sharia Compliant Global Equity Opportunity Fund (iGEO) is managed by iHilal Financial Services, a subsidiary of Rasmala. iGEO has appointed Rasmala as Investment Advisor whereby Rasmala will be responsible for the ...
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