Our Evolution

Al Mal Capital will continue to be driven by that which makes it unique - a passionate, knowledgeable and enthusiastic team with one goal – to grow with YOU.

2005

Al Mal Capital founded in Dubai UAE AED 330 Mn in capital

2005

2006

Brokerage execution platform Al Mal UAE Equity Fund launched record-size AED 250 Mn

2006

2007

Al Mal UAE Real Estate Fund launched. 10% bonus shares paid to shareholders

2007

2008

Lead manager for one of the largest IPOs. Highest subscription

2008

2009

Al Mal International largest cornerstone investors on international IPO with VISA, AIA, ICBC & others

2009

2013

Cash distribution of 40% to shareholders

2013

2014

Largest subscriber on DFM IPOs (Amanat AED 2.7 Bn; Emaar Malls AED 2 Bn)

2014

2015 - 2017

DIC acquires 66.6% of Al Mal Capital

2015 - 2017

2016

Rebranding of Al Mal Capital; expansion plan initiated - launch of Direct Investments

2016

2017

Acquired Education Asset (Sale-&-Leaseback) within Direct Investments platform

2017

2018

Awarded ‘Best UAE Asset Manager’ by MENA Fund Manager Performance Awards

2018

2019

Launched AZ Al Mal MENA Equity Fund in partnership with Azimut Investments. Aramco IPO

2019

2020

Obtained license from SCA for Al Mal Capital REIT. Concluded IPO in December by successfully raising AED 350 million

2020

2021

Won Best Asset Management Company MENA 2021
Won Fastest Growing Asset Management Company UAE 2021

2021

2021

Listing of Al Mal Capital REIT “AMCREIT”.
First REIT listed on DFM

2021

2021

AMCREIT successfully completes the first acquisition

2021

2021

Advised Dubai Investments in acquiring a majority stake in National General Insurance Company for AED 190 million

2021

2022

Sole financial advisor in 50% divestment in Emicool, one of the largest in the district cooling industry in the region

2022