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Sunday, December 6 - 2009

Rasmala opens Abu Dhabi office

  • United Arab Emirates: Monday, June 22 - 2009 at 11:37
  • PRESS RELEASE

In an effort to further strengthen its presence in the region, Rasmala has opened an office in Abu Dhabi.

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  • Khaled Masri, Head of Brokerage at Rasmala.
    Khaled Masri, Head of Brokerage at Rasmala.
The move comes as a part of Rasmala's expansion and growth plans in the GCC, following the recent opening of Rasmala's Jeddah office.

Tamer Bazzari, CEO of Rasmala, said:
"Rasmala Financial Brokerage offers brokerage services on the three UAE exchanges and allows us to better service our clients in Abu Dhabi. The capital of the UAE is a key market in the GCC region and a very important market for Rasmala."


"The office is expected to have 15 employees. The goal for the first year will be to strengthen the Rasmala brand and build relationships in the Abu Dhabi market place," said Khaled Masri, Head of Brokerage at Rasmala.

In addition to its newly established offices in Abu Dhabi and Jeddah, Rasmala also has offices in Riyadh, Cairo and Muscat, in addition to its head office in Dubai. Rasmala's core business activities include Private Equity, Asset Management, Corporate Finance and Brokerage.
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Notes and media contacts

About Rasmala:

Rasmala is a leading regional Investment Banking firm, headquartered in the Dubai International Financial Centre (DIFC), with regulated subsidiaries in the UAE, Saudi Arabia, Egypt and Oman. With $1.2bn of assets under management, Rasmala's core business activities include Private Equity, Asset Management, Corporate Finance and Brokerage.

Media enquiries:

Maha Masri
Head of Corporate Communications
Rasmala
Tel: +971 4 363 5600

Arpana Bhandari
Junior Account Executive
Hill & Knowlton
Tel: +971 4 3344 930
Fax: +971 4 3344 923
P.O. Box 50653 Dubai, United Arab Emirates

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