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Deal marks one of the largest transactions in the district cooling industry in the Mena.

Fund is leasing back the campuses to the school operator Al Shola

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Al Mal Capital, a subsidiary of Dubai Investments, acted as the financial adviser for the deal, the statement said. “We aim to capitalise and leverage through our shared expertise to further strengthen NGI’s reputation as a leading insurance provider in the region,” Mr Bin Kalban, said. Set up in 1995, Dubai Investments has interests in various sectors including real estate, industrial, financial, healthcare and education. The company, in which Investment Corporation of Dubai holds an 11.54 per cent stake, owns businesses such as Dubai Investments Park, venture capital company Masharie...

DFM kicks off REIT trading with Al Mal Capital unit listing DUBAI, January 18, 2021 Dubai Financial Market (DFM) on Monday (January 18) hosted a bell ringing ceremony to celebrate the commencement of Real Estate Investment Trusts (REITs) trading with the listing of Al Mal Capital’s REIT.   The introduction of REITs is a key milestone in DFM’s journey to diversify product offering and asset classes, broadening the scope of opportunities offered to its vast investor base of local and international investors.   Khalid bin Kalban, the Vice Chairman and CEO of Dubai Investments and Chai...