Business Lines > Private Equity > Investment Portfolio

Investment Portfolio

• Air Arabia
  

  Location: Sharjah, UAE
  Acquired: March 2007
  
  Air Arabia is a leading regional low-cost carrier based at Sharjah International Airport. Air Arabia offers air travel at low fares, and sets the highest standards for safety and punctuality, with the objective of serving its customers with the safest and most efficient air travel service.
  
  www.airarabia.com

• Drake and Scull
  

  Location: Dubai, UAE
  Acquired: December 2007
  
  Based in Dubai, Drake & Scull International LLC is a mechanical, electrical and plumbing (MEP) contractor that has been present in the UAE since 1964. The company designs, installs, operates, tests and maintains electro-mechanical and plumbing engineering services in construction projects and district cooling developments.
  
  www.drakescull.com

• Syriatel
  

  Location: Damascus, Syria
  Acquired: June 2006
  
  Syriatel is the leading mobile telecommunication provider in Syria, where it has been present since 2000. Syriatel is regionally recognized as one of the fastest growing operators with more than 1,900 employees serving over 4.2 million customers, representing a 55% market share. Syriatel has successfully established its reputation by focusing on customer satisfaction and social responsibility.
  
  www.syriatel.com

• Damas
  

  Location: Dubai, UAE
  Acquired: June 2005
  Exited: November 2007
  
  Damas LLC is a leading jewelry business based in the UAE. The company is engaged in both wholesale and retail sales of gold, jewelry, watches, diamonds and other precious stones.
  
  www.damasjewel.com

• Petrofac
  

  Location: Sharjah, UAE
  Acquired: October 2005
  Exited: January 2006
  
  Petrofac Limited is an integrated international service provider to the oil & gas industry, with capabilities to serve the complete lifecycle for upstream, midstream and downstream facilities and infrastructure.
  
  www.petrofac.com

• Rotana Hotels
  

  Location: Abu Dhabi, UAE
  Acquired: May 2006
  Exited: July 2010
  
  Rotana Hotels Management Corporation LLC was founded in 1992 and is headquartered in Abu Dhabi. Today, Rotana is one of the leading hotel chains in the Middle East, with an established brand in the region and a hotel portfolio that is expected to reach 70 hotels under management by 2012.
  
  www.rotana.com