Al Mal Capital founded in Dubai UAE AED 330 Mn in capital
2005Brokerage execution platform Al Mal UAE Equity Fund launched record-size AED 250 Mn
2006Al Mal UAE Real Estate Fund launched. 10% bonus shares paid to shareholders
2007Lead manager for one of the largest IPOs. Highest subscription
2008Al Mal International largest cornerstone investors on international IPO with VISA, AIA, ICBC & others
2009Cash distribution of 40% to shareholders
2013Largest subscriber on DFM IPOs (Amanat AED 2.7 Bn; Emaar Malls AED 2 Bn)
2014DIC acquires 66.6% of Al Mal Capital
2015 - 2017Rebranding of Al Mal Capital; expansion plan initiated - launch of Direct Investments
2016Acquired Education Asset (Sale-&-Leaseback) within Direct Investments platform
2017Awarded ‘Best UAE Asset Manager’ by MENA Fund Manager Performance Awards
2018Launched AZ Al Mal MENA Equity Fund in partnership with Azimut Investments. Aramco IPO
2019Obtained license from SCA for Al Mal Capital REIT. Concluded IPO in December by successfully raising AED 350 million
2020Won Best Asset Management Company MENA 2021
Won Fastest Growing Asset Management Company UAE 2021
Listing of Al Mal Capital REIT “AMCREIT”.
First REIT listed on DFM
AMCREIT successfully completes the first acquisition
2021Advised Dubai Investments in acquiring a majority stake in National General Insurance Company for AED 190 million
2021Sole financial advisor in 50% divestment in Emicool, one of the largest in the district cooling industry in the region
2022