Istithmar World
Istithmar, Bumrungrad International sign JV for a new hospital in Dubai
Istithmar PJSC, a major investment house based in the UAE, has completed a Joint Venture with Bumrungrad International Ltd (BIL), one of Asia’s leading healthcare operators, to set up its first hospital in the region. The new facility, with a phase-one capacity of 125 beds, at a total investments of AED 300 million for... »
Istithmar PJSC closes on Inchcape Shipping Services transaction
Istithmar PJSC, a major investment house based in the UAE, has completed its acquisition of Inchcape Shipping Services (ISS), the world’s largest independent marine management services provider. Istithmar’s acquisition of ISS is being financed with a combination of debt and equity. The acquisition debt, including both senior loans and mezzanine financing, has been obtained... »
Istithmar and Temasek invest in Bumrungrad
Istithmar PJSC of the United Arab Emirates (Istithmar) and Temasek Holdings (Private) Limited of Singapore (Temasek) have each purchased 43,370,743 shares of Bumrungrad Hospital Public Company Limited (Bumrungrad) from Sinnsuptawee Asset Management Company Limited (Sinnsuptawee), a 99.99 per cent owned subsidiary of Bangkok Bank Public Company Limited. The transaction took place on 20 January... »
Istithmar PJSC receives Euromoney Best Finance House Award
Istithmar PJSC, a leading investment house based in the UAE focusing on private equity and alternative investments, has won the prestigious Euromoney Best Finance House Project award for its USD 700 Million financing agreement for Atlantis, The Palm in Dubai. The award by the London-based Euromoney Magazine is in recognition of Istithmar’s expertise, professionalism... »
Istithmar PJSC acquires Inchcape Shipping Services
Istithmar PJSC, a major investment house based in the UAE, has announced its intention to acquire Inchcape Shipping Services (ISS), the world’s largest independent marine management services provider from Electra Investment Trust plc. Merrill Lynch acted as exclusive financial advisor to Istithmar in relation to the transaction. Commenting on its latest acquisition, Istithmar Managing... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum