Dubai, UAE, 7th September 2022 – Al Mal Capital REIT (“AMCREIT”), the first REIT listed on DFM with a solid SCA regulated REIT regime, and managed by Al Mal Capital PSC, a subsidiary of Dubai Investments PJSC, has announced its half-yearly dividend distribution. The REIT will pay half-yearly dividend...
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Deal marks one of the largest transactions in the district cooling industry in the MENA region Dubai Investments, the leading diversified investment company listed on the Dubai Financial Market (DFM) has entered a deal to divest a 50% stake in Emirates District Cooling Company (EMICOOL) to Actis – a...
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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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TBY talks to Naser Nabulsi, Vice Chairman & CEO of Al Mal Capital, on sectoral trends, Dubai as a financial hub, and the Middle East as a destination for capital. Which trends, such strengthening UAE-China ties and increasing limits on foreign ownership of banks, do you anticipate having the...
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Al Mal Capital PSC, a subsidiary of Dubai Investments and a diversified, multi-line investment institution licensed and regulated by the Central Bank of the UAE, has been named UAE Asset Manager of the Year 2018 at the annual Mena Fund Manager Performance Awards. The annual event and ceremony, held...
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Dubai Investments PJSC [DFM: DIC], the leading diversified investment company listed on the Dubai Financial Market, has announced that its subsidiary Al Mal Capital PSC, a prominent financial institution, will be the lead manager for the Initial Public Offering [IPO] of its wholly-owned subsidiary Emirates District Cooling [Emicool] –...
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