Dubai Investments wins Deal of the Year – UAE award for stake acquisition in Al Mal Capital

Dubai Investments, the leading, diversified investments conglomerate listed on the Dubai Financial Market, has won the Financial Services Deal of the Year award across the UAE, conferred by UK-based Acquisition International [AI] for its stake acquisition in Al Mal Capital PSC. Dubai Investments completed a 60% stake in Al Mal Capital in second quarter of 2015.

Dubai Investments was recognized for the Al Mal transaction among few select organizations across the globe. The AI Deal of the Year 2015 award honours firms and professionals who stand out as the leading players across the world, and bring dedication and innovation to the fore across their scope of business operations. The AI awards cover over 15 different categories.

Abdulaziz Bin Yagub Al Serkal, General Manager of Dubai Investments, said: “The Deal of the Year award is a major recognition of Dubai Investments’ futuristic vision. The stake acquisition in Al Mal Capital PSC was driven by Dubai Investments’ strategy to further diversify its portfolio, and capitalize on the investments opportunities on offer across the region. This award is a key endorsement of the Company’s growth vision.”

Al Mal Capital, a subsidiary of Dubai Investments, is a diversified investment institution, licensed and regulated by the Central Bank of the UAE and headquartered in Dubai. In the last 10 years, Al Mal Capital has built strong capabilities in managing the equity and asset portfolios, and with its acquisition by Dubai Investments, the company is well positioned to maximize its potential.

Dubai Investments’ acquisition of Al Mal Capital and foray into the financial services sphere comes close on strong, long-term growth indicators in the sector, driven by diversifying economies, investment opportunities and favourable regulations across the region. Al Mal Capital is currently devising its new strategy in line with its future growth vision.

Since 2010, the AI awards are given by AI Global Media, a UK-based publishing house with a global reach. The company brings out Acquisition International Magazine, which has more than 108,000 subscribers in over 170 countries.