AED 300 Million Merchant Banking Entity Established

INJAZ MENA Investments P.J.S.C., a merchant banking entity with a capital of AED 300 million has been established in Abu Dhabi to create value for potential clients and shareholders by identifying investment opportunities throughout the Middle East & North Africa region. This was announced at the recently concluded first shareholders meeting that took place at the Rotana Beach Hotel in the capital city.

Speaking to the board of directors and shareholders at the meeting, His Excellency Ali bin Khalfan Al Mutawwa Al Dhahry, Chairman of INJAZ MENA Investments said, “The principal purpose of INJAZ MENA Investments is to bring the best investment opportunities to our clients and shareholders. As a full-service merchant banking firm, we source the most attractive investments and arrange their financing through co-investment with our strategic partners and investors.”

“The newly formed company will co-invest equity capital in viable buyouts, recapitalization and growth companies and utilize its knowledge of capital markets to source, develop and place lucrative investments,” Mr. Al Dhahry added.

The shareholders of INJAZ MENA elected the board members that included Ali bin Khalfan Al Dhahry, Dr. Abdul Rahman Younis Al Muhairy, Ahmed bin Ali Al Dhahry, Abdul Hamid Mohammed Saeed and Mr. Mubarak Ahmed bin Fahad. The formation of various committees pertaining to matters of corporate governance were also announced.

The Board of Directors unanimously approved the appointment of Mr. Ahmed bin Ali Al Dhahry as the Managing Director of the new entity.

“INJAZ MENA’s capabilities enable us to invest in a variety of transactions across a broad range of industry segments and geographic regions,” Mr. Ahmed stated. “We believe in partnering opportunities and regard each investment as an alliance with a company's management,” he said.

INJAZ MENA Investments will source sound opportunities to pursue investments alongside strategic co-investment partners.

The company is structured to ensure capital appreciation as the primary objective of all investment decisions. INJAZ MENA will invest its own capital for expansion financing, acquisitions, leveraged or management buyouts, and recapitalizations of promising business ventures in the MENA region.

Private equity funds targeted at emerging opportunities in the rapidly growing Asian marketplace will also be explored alongside capital restructuring and corporate finance advisory mandates, arrangement of IPOs as well as high return, low risk, fixed income funds aimed at conventional and Islamic institutional investors.

“We firmly believe in the potential to generate competitive returns on investments and have the resources to support this commitment,” Mr. Ahmed said. “A team of financial analysts will evaluate companies, business ventures and investment opportunities from many perspectives, focusing on the potential for long-term value creation and earnings power,” he stressed.

INJAZ MENA Investments’ board of directors also declared the core values for the company that included principles of business integrity, ethical values and professionalism across all its activities.

“Our company will endorse the highest standards of corporate governance while adopting a distinctive culture with an entrepreneurial approach to business,” Mr. Ahmed concluded.

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