In The News

Rasmala Launches MENA Brokerage Platform

November 16, 2009

16 November 2009 Rasmala Investment Bank Limited (Rasmala) announced the launch of the Rasmala MENA Brokerage Platform, a revolutionary new e-trading platform that allows both high net worth and institutional clients instant access to fourteen equity markets across the MENA region through one account including a state of the art e-trading facility. Clients will be able to ...
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Rasmala GCC Fixed Income Fund Performance Exceeds Expectations

October 28, 2009

28 October 2009 Rasmala Investment Bank today announced that its GCC Fixed Income Fund, launched March 31 2009, has achieved impressive returns after only six months since its launch, returning 25% to investors. “We are delighted with the Fund’s outstanding performance to date, and continue to be positive about the future returns of the GCC fixed ...
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Rasmala Makes New Executive Appointments

September 30, 2009

30 September 2009 Rasmala Investment Bank Limited (Rasmala) announced the appointment of Husam Kutaifan as Head of Corporate Finance and Michael Kidd as Head of Private Equity. Prior to joining Rasmala, Mr. Kutaifan served as the Head of Mergers and Acquisitions at Samba Capital in Saudi Arabia. He also served as the Head of Corporate Finance in ...
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Rasmala Launches Egypt Equity Fund

September 28, 2009

28 September 2009 Rasmala Investment Bank announced the launch of Rasmala Egypt Equity Fund Ltd. The new fund was launched with the objective of investing in securities of publicly listed companies traded on the exchanges of Egypt. The Fund may also invest in the securities of corporations domiciled in, or with the majority of their operations ...
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Rasmala Investments Saudi Launches Shariah Compliant Saudi Equity Fund

July 28, 2009

Dubai, 28 July 2009 Rasmala Investments Saudi announced today the launch of its Shariah Compliant “Rasmala Saudi Equity Fund” The new fund will predominantly invest directly in the Shariah Compliant securities listed on Tadawul. The fund is denominated in Saudi Riyal with a minimum subscription amount of SR 50,000. “We believe that the fundamentals of the Saudi economy ...
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Rasmala Opens Abu Dhabi Office

June 22, 2009

Dubai, 22 June, 2009 In an effort to further strengthen its presence in the region, Rasmala has opened an office in Abu Dhabi. The move comes as a part of Rasmala’s expansion and growth plans in the GCC, following the recent opening of Rasmala’s Jeddah office. “Rasmala Financial Brokerage offers brokerage services on the three UAE exchanges ...
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Rasmala Makes Executive Appointments

June 16, 2009

16 June 2009 The Board of Directors of Rasmala Investments announced today the appointment of Mr. Ali al Shihabi as the Executive Chairman of the Board. Mr. al Shihabi the founder of Rasmala has held the post of Chief Executive Officer since the inception of Rasmala. The Board also announced the appointment of Mr. Tamer Bazzari as ...
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Delta Rasmala Strengthens presence in Egypt with new Headquarters in Smart Village

May 25, 2009

Chairman of the Board sees attractive investment opportunities in Egypt Cairo, Egypt May 25, 2009 In an effort to further strengthen their presence in Egypt, Delta Rasmala has relocated its Egypt headquarters to Smart Village. “Smart Village provides the ideal environment for Delta Rasmala’s growing business in Egypt.  The state of the art and purpose built Delta Rasmala ...
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Rasmala announces the listing of its MENA Equity Opportunity Fund on the Irish Stock Exchange

March 31, 2009

Leading regional investment bank provides foreign investors with unique access to the MENA equity markets March 31 2009 Rasmala Investments announced the listing of its award winning Rasmala MENA Equity Opportunity Fund (“The Fund”) on the Irish Stock Exchange. It will be the first publicly-listed Fund of Funds to offer international investors access to the strong investment potential ...
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Rasmala MENA Private Equity Fund 2 announces first closing with USD 120 million in commitments received

January 6, 2009

Dubai, United Arab Emirates, 6 January, 2009: Rasmala, a leading regional investment banking firm announced the successful first closing of Rasmala MENA Private Equity Fund 2, with USD 120 million in commitments received. The Sharia compliant fund is primarily focused on mid-cap opportunities in the GCC and Egypt that benefit from the region’s GDP growth. It ...
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