Two school campuses of Al Shola Private Schools in Ajman leased back to the operator on a long-term basis for management and operation Al Mal Capital REIT, the first REIT listed on DFM, and managed by Al Mal Capital PSC, a subsidiary of Dubai Investments PJSC, announced the acquisition...
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Aggregate ownership now reaches 45.18% of the issued share capital of NGI Dubai Investments PJSC [DIC], a leading UAE investment company listed on the Dubai Financial Market (DFM), has announced the execution of a direct deal, acquiring an additional 15.19% share of National General Insurance Company PJSC (NGI) from...
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Direct deal announced on DFM confirms acquisition of 21.53% shares Dubai Investments PJSC [DIC], a leading UAE investment company listed on the Dubai Financial Market (DFM), announced the execution of a direct deal, acquiring 21.53% shares of National General Insurance Company PJSC (NGI) from Emirates NBD Bank PJSC. The...
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H.E. Essa Kazim: “Significant milestone that reinforces DFM’s diversification strategy, providing investors with new products and investment opportunities” Khalid Bin Kalban: “Through the listing, we aim to deliver on our high aspirations and strategic priorities of driving long-term value and growth to our stakeholders” Dubai Financial Market (DFM) today...
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Al Mal Capital has announced today that it has successfully raised AED 350 million in the initial public offering (IPO) of units in Al Mal Capital REIT, its newly founded entity, having closed the subscription period on 8th December 2020. Al Mal Capital, the fund Manager, received SCA’s approval to float...
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• UAE Securities & Commodities Authority (SCA) approves the 1st REIT IPO on DFM • Al Mal Capital REIT intends to list all of its units on DFM in January 2021 post IPO completion • Target offer size of AED 500mn to acquire a diversified portfolio of real estate...
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Al Mal Capital PSC, a subsidiary of Dubai Investments and a diversified, multi-line investment institution, was awarded with the 2020 ‘UAE Asset Manager of the Year’ award for the second consecutive year at the annual Mena Fund Manager Performance Awards. The annual event and ceremony, which was held at...
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Welcome to the 28th edition of Perspectives. The U.S equity large-cap S&P 500 Index and the technology-heavy Nasdaq Composite Index surged to record highs at the end of July buoyed by positive earnings reports and a dovish stance by the Federal Reserve. But at the time of our writing,...
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Welcome to Al Mal Capital Q3 2019 Global Market Outlook. The first half of 2019 is one of the most memorable on record with strong returns across all asset classes. Confronted by weaker economic data, risks to the trade outlook, and still low inflation, central banks came to the rescue by...
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