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Saudi Arabia
Acwa Power :
Deal Size : US$ 16 MIL
Partnership : Amwal AlKhaleej I
Entry Date : March 2005
Exit Date : June 2008
IRR : 24% (Gross)
Multiple of Cost : 1.51 x
Arabian Company for Water and Power Development (ACWA Power), is the first and largest IPP (independent Power Project) and IWPP (independent Water and Power Project) development company in the region, having been awarded two large projects for the production of water and electricity.
Acwa Power :
Deal Size : US$ 16 MIL
Partnership : Amwal AlKhaleej I
Entry Date : March 2005
Exit Date : June 2008
IRR : 24% (Gross)
Multiple of Cost : 1.51 x
Arabian Company for Water and Power Development (ACWA Power), is the first and largest IPP (independent Power Project) and IWPP (independent Water and Power Project) development company in the region, having been awarded two large projects for the production of water and electricity.
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United Arab Emirates
Damas :
Deal Size : US$ 82.5 MIL
Partnership : Amwal AlKhaleej I
Entry Date : June 2005
Exit Date : June 2008
IRR :32% (Gross)
Multiple of Cost : 2.28 x
Damas is the largest jewelry retailer in the UAE and one of the largest in the Middle East. In addition to acquiring a sizable minority stake in Damas LLC, Amwal AlKhaleej has helped Damas LLC form a joint venture with a local partner in Saudi Arabia, Damas KSA, which currently operates many Damas branded stores throughout the Kingdom of Saudi Arabia.
Damas :
Deal Size : US$ 82.5 MIL
Partnership : Amwal AlKhaleej I
Entry Date : June 2005
Exit Date : June 2008
IRR :32% (Gross)
Multiple of Cost : 2.28 x
Damas is the largest jewelry retailer in the UAE and one of the largest in the Middle East. In addition to acquiring a sizable minority stake in Damas LLC, Amwal AlKhaleej has helped Damas LLC form a joint venture with a local partner in Saudi Arabia, Damas KSA, which currently operates many Damas branded stores throughout the Kingdom of Saudi Arabia.
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Lebanon
Bank Audi:
Deal Size : US$ 21.5 MIL
Partnership : Amwal AlKhaleej II
(PIPE- private investment in a public entity)
Entry Date : Jan. 2005
Exit Date : April 2006
IRR :122%
Multiple of Cost : 2.83 x
Over the past few years Bank Audi has grown into one of the two largest banks in Lebanon, thanks to a string of mergers and acquisitions and a strong regional expansionary plan. The bank carries out a number of diversified financial services. They include retail, corporate, private and investment banking. In 2005 Bank Audi received the Euromoneys Award for Excellence as Best Bank in Lebanon.
Bank Audi:
Deal Size : US$ 21.5 MIL
Partnership : Amwal AlKhaleej II
(PIPE- private investment in a public entity)
Entry Date : Jan. 2005
Exit Date : April 2006
IRR :122%
Multiple of Cost : 2.83 x
Over the past few years Bank Audi has grown into one of the two largest banks in Lebanon, thanks to a string of mergers and acquisitions and a strong regional expansionary plan. The bank carries out a number of diversified financial services. They include retail, corporate, private and investment banking. In 2005 Bank Audi received the Euromoneys Award for Excellence as Best Bank in Lebanon.
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Lebanon
Lebanese Canadian Bank:
Deal Size : US$ 7.1 MIL
Partnership : Amwal AlKhaleej I
Entry Date : Oct. 2005
Exit Date : Sept. 2007
IRR :35% (Gross)
Multiple of Cost : 1.77x
Established in 1988, LCB is a successful, fast growing corporate and retail bank. With its corporate headquarters in Beirut, Lebanon, it has over 30 branch offices across the country, and a representative office Montreal, Canada.
Lebanese Canadian Bank:
Deal Size : US$ 7.1 MIL
Partnership : Amwal AlKhaleej I
Entry Date : Oct. 2005
Exit Date : Sept. 2007
IRR :35% (Gross)
Multiple of Cost : 1.77x
Established in 1988, LCB is a successful, fast growing corporate and retail bank. With its corporate headquarters in Beirut, Lebanon, it has over 30 branch offices across the country, and a representative office Montreal, Canada.
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