In The News



Rasmala plc announces result of tender offer

November 22, 2017

Rasmala plc (“Rasmala” or the “Company”) Result of Tender Offer Further to the announcement made by Rasmala on 16 October 2017 in relation to the tender offer for approximately £35 million (the “Tender Offer”), the Company today announces the result of the Tender Offer. Result of the Tender Offer The Company was authorised to purchase up to 23,334,000 Shares. A ...
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Rasmala receives 2017 Thomson Reuters Lipper Fund Award

November 14, 2017

Press Release Rasmala also recognized by BMI Research for equity fund performance in Egypt achieving returns of 74.7% Cairo, Egypt, 14 November 2017: Rasmala Egypt Asset Management (‘REAM’), the Egyptian asset management subsidiary of Rasmala plc, has announced that its ABC Bank Fund (the ‘Fund’), has been recognised by Thomson Reuters Lipper as the top performing fund ...
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Rasmala publishes tender offer circular

October 16, 2017

Monday 16 October 2017 Rasmala plc has posted a circular to its shareholders on 16 October 2017 (the “Circular”) explaining the terms of the tender offer for approximately £35 million at the tender price of 150 pence per share. To download the Circular, please click here.  
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Rasmala Trade Finance Fund surpasses USD 100 million

September 27, 2017

Press Release Rasmala Trade Finance Fund (“the Fund’) was launched in September 2014 in response to increasing demand from investors for a diverse suite of Shari’a compliant investment products. The Fund which is active in private financing within the trade finance sector has recently crossed its three-year track record. Since its inception, the Fund has generated a ...
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Rasmala’s Global Sukuk Fund earns Five-Star Morningstar Rating

August 9, 2017

Dubai, United Arab Emirates, 9 August 2017: Rasmala Investment Bank Limited (‘RIBL’), the asset management and investment banking subsidiary of Rasmala Plc (‘Rasmala’), has announced that its Rasmala Global Sukuk Fund (the ‘Fund’), has earned a Five-Star Morningstar RatingTM for the overall period ending 31 July 2017. The Fund has joined the Rasmala Arabian Markets ...
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Rasmala boosts senior team at asset management subsidiary

July 25, 2017

Press Release Dubai, United Arab Emirates, 25 July 2017: Rasmala Investment Bank Limited (‘RIBL’), the asset management and investment banking subsidiary of Rasmala Plc (‘Rasmala’), has recently further strengthened its management team, with the promotion of Eric Swats to Senior Executive Officer and the appointment of David Marshall as Head of Products. Eric Swats, who joined RIBL ...
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Ali Taqi, Head of Equities touches upon the Saudi economy on “Bloomberg Markets: Middle East.”

July 11, 2017

11 July 2017 In this video, Ali briefly discusses the Saudi economy and highlights his continued excitement about the healthcare sector across the GCC. To watch the interview, please click on the video below.  
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Doug Bitcon, Head of Credit Strategies at Rasmala discusses the debt markets on Bloomberg TV.

June 5, 2017

The GCC debt market is well performing despite the period of Ramadan as this year Ramadan started before the summer holidays. Doug also commented on the dominance of bond versus sukuk issuance in 2016 in the GCC region. GCC countries needed to tap the deep pools of  liquidity available in European, Asian and US markets ...
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KAMCO and Rasmala acquire Amazon’s largest UK distribution warehouse

April 3, 2017

Press Release London and Dubai, April 3 2017: KAMCO Investment Company and Rasmala have acquired Amazon UK Services Ltd.’s largest distribution warehouse for approximately GBP61 million, inclusive of fees. The acquired property is leased to Amazon UK Services Ltd. with an unexpired term of 15 years expiring in October 2031. The investment will target an annual ...
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رسملة و كامكو تستحوذان على أكبر مستودع تخزيني لـ أمازون في المملكة المتحدة

April 2, 2017

لتحقيق عائد نقدي مستهدف يبلغ 6.50٪ سنوياً   رسملة” و”كامكو” تستحوذان على أكبر مستودع تخزيني لـ “أمازون” في المملكة المتحدة” صرخوه: خطوة جديدة تضاف الى سلسلة انجازات كامكو تتماشى مع رؤى الشركة واهدافها الاستراتيجية – حيدري: صفقة استراتيجية مع كامكو ونتطلع إلى تعزيز تحالفنا لدعم خططها التوسعية المستقبلية – فؤاد: نمو حجم الأصول العقارية المدارة لتتخطى حاجز 250 مليون ...
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2015

Muhammad Shabbir quoted in the National

October 26, 2015 6:02 pm

October 26, 2015 Flat earning, budget cut drags UAE bourses lower UAE markets continued their downwards trajectory following a trimmed Federal budget and flat third-quarter earnings. […]
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