Zabeel Investment launches investment subsidiary
Zabeel Investments announced Sunday the launch of a wholly owned investment subsidiary, Zabeel Capital, which has been formed to focus on growing the company's global investment portfolio, across a multitude of sectors, both regionally and internationally.
This announcement follows the recent establishment of Zabeel Properties, the dedicated property development company for Zabeel Investments.
HE Mohammed Ali Al Hashimi, Executive Chairman of Zabeel Investments, highlighted that this strategic move was a result of the company's rapid growth and the many opportunities available for investors from the GCC region.
He commented: 'Over the last two years we have partnered with a number of leading strategic players on investment opportunities both regionally and internationally. The growth and success we have had to date underlines the need for a focused and dedicated entity that will be responsible for taking our investment portfolio forward.' 'Dubai has become synonymous with investment, particularly from an international perspective and Zabeel Capital will play its part as a respected and recognized investor in order to enhance this reputation.' Zabeel Capital will be based at the Dubai International Financial Centre, and Jbran Rahal, Zabeel Investments Chief Financial Officer has been appointed as Managing Director (MD) of Zabeel Capital.
'Zabeel Capital's launch comes at a time when the global spotlight is on the financial industry in the region and we are perfectly positioned to take advantage of the myriad of opportunities available. I am confident that under Jbran's leadership, Zabeel Capital will function with the same energy, vision and drive that has become the trademark of Zabeel Investments,' said Mr. Al Hashimi.
Speaking about the formation of the entity, Mr. Rahal said: 'We have a clear and transparent roadmap for Zabeel Capital that has its foundations in a distinct perspective and dynamic approach to investment. We will continue to embark on partnerships that fit within our company strategy and to evolve in to a full-service investment house- with a steadfast focus on global best practice.' 'We will concentrate on creating new systems, processes and procedures, in line with international best practices and working towards sustainable profitability,' he concluded. WAM
This announcement follows the recent establishment of Zabeel Properties, the dedicated property development company for Zabeel Investments.
HE Mohammed Ali Al Hashimi, Executive Chairman of Zabeel Investments, highlighted that this strategic move was a result of the company's rapid growth and the many opportunities available for investors from the GCC region.
He commented: 'Over the last two years we have partnered with a number of leading strategic players on investment opportunities both regionally and internationally. The growth and success we have had to date underlines the need for a focused and dedicated entity that will be responsible for taking our investment portfolio forward.' 'Dubai has become synonymous with investment, particularly from an international perspective and Zabeel Capital will play its part as a respected and recognized investor in order to enhance this reputation.' Zabeel Capital will be based at the Dubai International Financial Centre, and Jbran Rahal, Zabeel Investments Chief Financial Officer has been appointed as Managing Director (MD) of Zabeel Capital.
'Zabeel Capital's launch comes at a time when the global spotlight is on the financial industry in the region and we are perfectly positioned to take advantage of the myriad of opportunities available. I am confident that under Jbran's leadership, Zabeel Capital will function with the same energy, vision and drive that has become the trademark of Zabeel Investments,' said Mr. Al Hashimi.
Speaking about the formation of the entity, Mr. Rahal said: 'We have a clear and transparent roadmap for Zabeel Capital that has its foundations in a distinct perspective and dynamic approach to investment. We will continue to embark on partnerships that fit within our company strategy and to evolve in to a full-service investment house- with a steadfast focus on global best practice.' 'We will concentrate on creating new systems, processes and procedures, in line with international best practices and working towards sustainable profitability,' he concluded. WAM
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