In The News



Results of the tender offer

February 26, 2019

Further to the announcement made by Rasmala on 28 January 2019 in relation to the tender offer for 20% of shares (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 3,162,576 Shares. A total of 2,467,440 Shares (being 15.6 per ...
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Rasmala sells Egypt Asset Management Business

January 10, 2019

London, Dubai and Cairo, 08 January 2019: Rasmala Holdings (“Rasmala” or the “Group”), an independent alternative investment group, announced that it has agreed to sell 100% of Rasmala Egypt Asset Management SAE (“Rasmala Egypt”) to Azimut Group (“Azimut”), one of Europe’s leading independent asset managers. Following completion, Rasmala Egypt will be renamed Azimut Egypt Asset ...
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Rasmala Trade Finance Fund crosses $250 million

March 28, 2018

Press Release Rasmala Trade Finance Fund has invested in 876 transactions totalling $491m across 31 countries Institutional investor interest accelerates in search of uncorrelated returns Investors benefit from increased globalisation of supply chains London and Dubai, 28 March 2018: Rasmala Group (“Rasmala” or the “Group”, a leading alternative investment group, announced that the Rasmala Trade Finance Fund (“Fund”) has ...
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Rasmala acquires major logistics facilities in Germany for $185 million

January 22, 2018

Press Release Rasmala confirms plans to deploy $1 billion into logistics assets remain on track Warehousing facilities for e-commerce platforms, a major focus for its commercial property investment London and Dubai, 22 January 2018: Rasmala plc, a London headquartered independent investment company has announced the acquisition of two logistics facilities in Germany for $185 million (€154 million). The ...
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Rasmala Partners with Awqaf and Minors Affairs Foundation for ‘Year of Zayed’ Art Workshop

December 18, 2017

Press Release Dubai, UAE,18 December 2017: Rasmala Investment Bank Limited (RIBL), the asset management subsidiary of Rasmala Group, organised an art workshop for 25 minors in partnership with Awqaf and Minors Affairs (AMAF), the Dubai Government entity responsible for minors affairs. The workshop that heralded the UAE’s upcoming ‘Year of Zayed’, was held on Saturday (16 December) ...
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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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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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