Istithmar wins Banker ME award

DUBAI — Istithmar was awarded the '2007 Best Private Equity House Award' from Banker Middle East, a member of the CPI Financial Group. Istithmar was nominated by a panel comprising international industry specialists and then voted upon in a competitive process among other prominent private equity firms in the region.

By A Staff Reporter

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Published: Sat 19 May 2007, 8:42 AM

Last updated: Sat 4 Apr 2015, 11:06 PM

Congratulating Istithmar on the occasion, Sultan Ahmed bin Sulayem, Chairman of Dubai World, said: "Dubai World will continue to support Istithmar's ambition of becoming the premier private equity and alternative investment house in the region by affording it access to patient capital, extensive industry expertise and a global geographic network. Istithmar's attainment of the 2007 Banker Middle East Award marks an important milestone in the company's ambitious growth trajectory."

Commenting on the occasion, Khaled Al Kamda, Vice-Chairman of Istithmar, said "We are extremely pleased with Istithmar's progress to date. We see this award not as a pinnacle of achievement but as a cornerstone of even greater things to come."


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