Yousef Al-Essa elected vice chairman of JD Capital

More on Yousef Al- Essa:
Yousef Al-Essa is General Manager of Bahrain based Addax Investment Bank which is focused on providing corporate finance and wealth management services to clients in the Middle East. Since the Bank's inception in 2003, Yousef has been instrumental in the Bank's achievements including:

• Increase in the revenues by 250%
• Increase in the profits by 300%
• Increasing the ROE from 10% to 34%
• Alliance with The Ascott Group to launch a $1 billion services residence fund for the Middle East

Mr. Al-Essa serves on a number of corporate Boards including:

• Ishraq Gulf Real Estate Company, Bahrain
• Jordan Dubai Capital, Jordan
• Kuwait Interest for Financial Investments, Kuwait
• Mesk Holdings, Bahrain
• Tatweer, Qatar

Mr. Al-Essa received his Bachelor of Science in International Finance from Georgetown University and his Masters in Business Administration from Harvard University.

About Addax Investment Bank

Addax Investment Bank has an authorised capital of US$100 million and is regulated by the Bahrain Monetary Agency (BMA). The Bank was formed in 2003 and has been involved in a number of high profile deals throughout the region since then.

Addax Investment Bank's landmark deals include: a US $150 million arrangement to launch 20 Holiday Inn Express hotels across the GCC; and participation with Dubai International Capital and other lead investors in creating JD Capital, a US $300 million (approximately) company targeting investment opportunities in Jordan. Additionally, Addax Investment Bank is launching a US $1 billion investment fund in collaboration with The Ascott Group of Singapore, to acquire and manage a chain of serviced apartment buildings throughout the Middle East.

Addax is fast gaining a reputation for launching innovative and unique deals in the region.
For further information, please contact:
Mona Akhtarzadeh
TEL: +973 17 535 246

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