A consortium of GCC financial institutions which includes First Energy Bank, Ibdar Capital, Bahrain Islamic Bank, and Bunyah GCC Infrastructure Fund (managed by Arqaam Capital) have successfully divested their approx. 20% shareholding in Al Dur Power and Water Company (ADPWC) to Kyuden International Corporation (KIC), which is the international business arm of Kyushu Electric Power Company (Kyushu Electric),
DAMAC Properties announced in a bourse statement that it has appointed Arqaam Capital as Financial Advisor. The appointment was made as DAMAC evaluates an offer to acquire 100% of the issued and paid up ordinary share capital of Damac received from Maple Invest Co. Limited, an entity owned by Hussain Sajwani.
virtually again this year from the 24-26 May 2021. Arqaam will be hosting senior management from publicly listed companies across the MENA region, offering investors virtual meetings with corporate C-level management in both one to one and small group meetings.
Arqaam Capital Limited
Level 27, Index Tower
Dubai International Financial Centre
PO Box 506687 Dubai
United Arab Emirates
Tel: +971 (0)4 507 1700