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Monday, November 30 - 2009

Expanding its regional investment banking capabilities Rasmala appoints Khaled Sifri as Partner & Board Member

  • United Arab Emirates: Tuesday, November 07 - 2006 at 15:41
  • PRESS RELEASE

Rasmala Investments, a regional investment bank based in The Dubai International Financial Center, announced the appointment of Mr. Khaled Sifri as a Partner and Board Member.

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  • Mr. Khaled Sifri.
    Mr. Khaled Sifri.
'Mr. Sifri brings a wealth of regional investment banking experience which will be invaluable to the company going forward,' said Founder and CEO of Rasmala Investments, Mr. Ali Al Shihabi.

Mr Sifri joins Rasmala from Shuaa Capital where he served as the Managing Director of Investment Banking.

'I look forward to work with an exceptional management team,' said Mr. Sifri. 'Rasmala is very well positioned to become the premier investment bank in the region.'

Mr. Cherine Chalaby, Chairman of the board of directors of Rasmala, welcomed Mr. Sifri as a board member saying, 'Mr. Sifri brings a wealth of extremely relevant experience to Rasmala, and as a member of the board , I am confident that his contribution will be substantial.'

Rasmala activities cover Private Equity, Corporate Finance, Fund Management, Brokerage and Islamic Finance. Its clients include governmental bodies, banks, insurance companies, and private high net worth individuals.
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About Rasmala:
Rasmala is a regional Investment Bank, headquartered in the Dubai International Financial Centre, with operating subsidiaries in Riyadh, London and Amman.

Rasmala¡¦s activities cover:
ć Private Equity
ć Corporate Finance
ć Fund Management
ć Brokerage
ć Islamic Finance

Rasmala is led by a team of partners who combine considerable international experience in the financial services industry with an intimate knowledge and understanding of the Middle East region.

Rasmala clients include Governmental Bodies, Banks, Insurance Companies, Corporates and Private Clients.

Rasmala was the first regional investment bank to be licensed by the Dubai Financial Services Authority (DFSA). Rasmala is also regulated by the Financial Services Authority (FSA) of the United Kingdom and by the Saudi Capital Markets Authority (CMA).

Rasmala¡¦s Shareholders include Deutsche Bank, Samba Financial Group, and prominent groups from Saudi Arabia and the United Arab Emirates.

Bassem El Zein
Vice President, Communication & Marketing
Telephone: +971 4 3635600
Fax: +971 4 3635635

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