Amwal AlKhaleej | Our INVESTMENTS
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Private Equity

SCALING GROWTH COMPANIES

We work collaboratively with great management teams to take your business to the next level of profitable growth. Our partnership approach begins with active, strategic involvement at the board level, while helping to scale your company by leveraging our global resources and core competencies.

Private Equity

SCALING GROWTH COMPANIES

We work collaboratively with great management teams to take your business to the next level of profitable growth. Our partnership approach begins with active, strategic involvement at the board level, while helping to scale your company by leveraging our global resources and core competencies.

amwal_portfolio_logo_acwa_power_1
ACWA POWER
info

Country: Saud Arabia
Industry: Utilities
Status: Exited

ACWA Power is a developer, investor, co-owner and operator of a portfolio of power generation and desalinated water production plants currently with presence in 12 countries including in the Middle East and North Africa, Southern Africa and South East Asia regions.

(www.acwapower.com)

amwal_portfolio_logo_al_tayyar
AL TAYYAR TRAVEL GROUP
info

Country: Saud Arabia
Industry: Travel & Tourism
Status: Exited

Al Tayyar Travel Group is one of the largest travel organizations in the Middle East with activities comprising travel and tourism, cargo and customs clearance, shipping services, car rental and advertising. (www.altayyargroup.com)

amwal_portfolio_logo_zohoor
ZOHOOR AL REEF
info

Country: Saud Arabia
Industry: Cosmectics
Status: Current

Founded in 1991 and headquartered in the Saudi Arabian Eastern Province city of Khobar, the Zohoor AlReef Group is a leading Saudi operator of high-quality perfumes, body care products and home fragrances. The Company’s geographical expansion began in 1992 with its first stores outside of Khobar. As of today the company has grown to over 250 shops and kiosks in Saudi Arabia, the GCC and Morocco, including both owned and franchised retail outlets.

(www.zohooralreef.com)

amwal_portfolio_logo_samay_hills
SAMAY HILLS
info

Country: Saud Arabia
Industry: Cosmectics
Status: Current

Founded in 1991 and headquartered in the Saudi Arabian Eastern Province city of Khobar, the Zohoor AlReef Group is a leading Saudi operator of high-quality perfumes, body care products and home fragrances. The Company’s geographical expansion began in 1992 with its first stores outside of Khobar. As of today the company has grown to over 250 shops and kiosks in Saudi Arabia, the GCC and Morocco, including both owned and franchised retail outlets.

(www.zohooralreef.com)

amwal_portfolio_logo_arab_cotton
ARAB COTTON GINNING
info

Country:Egypt
Industry: Textile Production
Status: Partially exited

Arab Cotton Ginning Company (ACGC) is an Egypt-based company active in the textiles and clothing industry sector. The Company is engaged in the cotton ginning, as well as trading of its products domestically and internationally. In addition the Company is also involved in the manufacture of fertilizer and pesticides; manufacture and trade in natural and artificial fibers and yarns; purchase, lease and management of agricultural land, and investment in companies operating within the same sector.

(www.arabcot.com)

amwal_portfolio_logo_body_master_2
body masters
info

Country: Saudi Arabia
Industry: Fitness
Status: Current

Established in 1992, Body Maters is the 2nd largest player in the fitness market in Saudi Arabia. Body Masters currently operates a total of 28 gyms covering 8 cities and more than 100,000 sqm of area in the Kingdom.

(www.bodymastersksa.com)

amwal_portfolio_logo_gulf_insulation_2
GULF INSULATION GROUP
info

Country: Saud Arabia
Industry: Building Materials
Status: Current

Gulf Insulation Group is a regional leader in the insulation Business. GIG operates as a manufacturer and supplier of a complete range of insulation materials based in Riyadh, Saudi Arabia, with manufacturing plants located in Riyadh, Dammam and Al Kharj. GIG was established in 2009 and provides engineering, manufacturing and technology to supply environmentally efficient solutions to projects across the region and beyond.

(http://www.giginsulation.com)

amwal_portfolio_logo_ataa
ATAA EDUCATIONAL COMPANY
info

Country: Saud Arabia
Industry: Education
Status: Exited

Ataa Educational Co. is one of the largest private education groups in Saudi Arabia with over 13,000 students (boys and girls). It operates over seven locations in and around Riyadh area. It also has 1,800 employees.

(http://www.ataa.sa)

amwal_portfolio_logo_contact_car
CONTACT CARS
info

Country: Egypt
Industry: Car Financing
Status: Exited

Established in 2001, Contact Cars is the only private sector entity engaged in the auto finance sector in Egypt. Over the years, the company has grown its car loan business, as well as capitalized on its unique lending platform by penetrating other areas of the consumer finance sector – such as financing of white goods.

(www.contactcars.com)

amwal_portfolio_logo_damas
DAMAS
info

Country: UAE
Industry: Jewellery
Status: Exited

Headquartered in Dubai, United Arab Emirates, Damas is the Middle East’s leading international jewellery and watch retailer. Founded in 1907, today there are about 300 stores in the Middle East, most of which are located in the GCC region.

(http://uae.damasjewellery.com)

amwal_portfolio_logo_eppc
EPPC
info

Country: Egypt
Industry: Petrochemicals
Status: Current

Egyptian Propylene and Polypropylene Company manufacture propylene and polypropylene. The company was founded in 2005 and is based in Cairo, Egypt.

amwal_portfolio_logo_mis_arabia
MARITIME INDUSTRIAL SERVICES
info

Country: UAE
Industry: Oil & Gas Services
Status: Exited

Maritime Industrial Services Group is a diversified engineering and contracting group providing a broad range of products and services to the energy sector. It was established in Dubai, UAE in 1979. MIS’ business scope covers EPC, Fabrication, New Build, Rig Refurbishment, Tech Services (Operations & Maintenance) and Safety Services. MIS’ operational scope of work covers engineering, procurement, fabrication, construction, safety, operating and maintenance services to the oil, gas, petrochemical, energy, power generation and marine industries.

amwal_portfolio_logo_umark
UMARK
info

Country: Saud Arabia
Industry: Consumer Goods
Status: Current

The U-Mark Group is a leading retail and distribution group in the MENA region since 1995 and is based in Riyadh, Saudi Arabia. The Company has a large network of over 50 multi-brand sports retail stores across the Kingdom through which it sells fitness equipments, sports apparel and footwear. The Company is also a distributor of personal care and home appliances products and carries reputable brands such as Emjoi, Conair, Black & Decker, and Honeywell.

(www.u-mark.net)

amwal_portfolio_logo_right_angle
RIGHT ANGLE MEDIA
info

Country: UAE
Industry: Media
Status: Current

Right Angle is in the business of Out-Of-Home media development and management in the UAE and MENA region and is one of the largest Out-Of-Home advertising concessionaires in the UAE.

(www.rightangle.ae)

amwal_portfolio_logo_dcc
DUBAI CONTRACTING COMPANY
info

Country: UAE
Industry: Contracting
Status: Current

DCC is a Gulf contracting company founded in 1962 and headquartered in Dubai. The Company offers a wide range of contracting services focused on high-rise buildings as well as hospitality and commercial complexes. The Company’s completed projects portfolio includes UAE landmarks such as the World Trade Centre Residences, the headquarters of Abu Dhabi Commercial Bank and the Capricorn Tower.

(www.dcc-group.com)

amwal_portfolio_logo_acwa_power_1
ACWA POWER

Country: Saud Arabia
Industry: Utilities
Status: Exited

ACWA Power is a developer, investor, co-owner and operator of a portfolio of power generation and desalinated water production plants currently with presence in 12 countries including in the Middle East and North Africa, Southern Africa and South East Asia regions.

(www.acwapower.com)

amwal_portfolio_logo_al_tayyar
AL TAYYAR TRAVEL GROUP

Country: Saud Arabia
Industry: Travel & Tourism
Status: Exited

Al Tayyar Travel Group is one of the largest travel organizations in the Middle East with activities comprising travel and tourism, cargo and customs clearance, shipping services, car rental and advertising. (www.altayyargroup.com)

amwal_portfolio_logo_zohoor
ZOHOOR AL REEF

Country: Saud Arabia
Industry: Cosmectics
Status: Current

Founded in 1991 and headquartered in the Saudi Arabian Eastern Province city of Khobar, the Zohoor AlReef Group is a leading Saudi operator of high-quality perfumes, body care products and home fragrances. The Company’s geographical expansion began in 1992 with its first stores outside of Khobar. As of today the company has grown to over 250 shops and kiosks in Saudi Arabia, the GCC and Morocco, including both owned and franchised retail outlets.

(www.zohooralreef.com)

amwal_portfolio_logo_samay_hills
SAMAY HILLS

Country: Saud Arabia
Industry: Cosmectics
Status: Current

Founded in 1991 and headquartered in the Saudi Arabian Eastern Province city of Khobar, the Zohoor AlReef Group is a leading Saudi operator of high-quality perfumes, body care products and home fragrances. The Company’s geographical expansion began in 1992 with its first stores outside of Khobar. As of today the company has grown to over 250 shops and kiosks in Saudi Arabia, the GCC and Morocco, including both owned and franchised retail outlets.

(www.zohooralreef.com)

amwal_portfolio_logo_arab_cotton
ARAB COTTON GINNING

Country:Egypt
Industry: Textile Production
Status: Partially exited

Arab Cotton Ginning Company (ACGC) is an Egypt-based company active in the textiles and clothing industry sector. The Company is engaged in the cotton ginning, as well as trading of its products domestically and internationally. In addition the Company is also involved in the manufacture of fertilizer and pesticides; manufacture and trade in natural and artificial fibers and yarns; purchase, lease and management of agricultural land, and investment in companies operating within the same sector.

(www.arabcot.com)

amwal_portfolio_logo_body_master_2
body masters

Country: Saudi Arabia
Industry: Fitness
Status: Current

Established in 1992, Body Maters is the 2nd largest player in the fitness market in Saudi Arabia. Body Masters currently operates a total of 28 gyms covering 8 cities and more than 100,000 sqm of area in the Kingdom.

(www.bodymastersksa.com)

amwal_portfolio_logo_gulf_insulation_2
GULF INSULATION GROUP

Country: Saud Arabia
Industry: Building Materials
Status: Current

Gulf Insulation Group is a regional leader in the insulation Business. GIG operates as a manufacturer and supplier of a complete range of insulation materials based in Riyadh, Saudi Arabia, with manufacturing plants located in Riyadh, Dammam and Al Kharj. GIG was established in 2009 and provides engineering, manufacturing and technology to supply environmentally efficient solutions to projects across the region and beyond.

(http://www.giginsulation.com)

amwal_portfolio_logo_ataa
ATAA EDUCATIONAL COMPANY

Country: Saud Arabia
Industry: Education
Status: Exited

Ataa Educational Co. is one of the largest private education groups in Saudi Arabia with over 13,000 students (boys and girls). It operates over seven locations in and around Riyadh area. It also has 1,800 employees.

(http://www.ataa.sa)

amwal_portfolio_logo_contact_car
CONTACT CARS

Country: Egypt
Industry: Car Financing
Status: Exited

Established in 2001, Contact Cars is the only private sector entity engaged in the auto finance sector in Egypt. Over the years, the company has grown its car loan business, as well as capitalized on its unique lending platform by penetrating other areas of the consumer finance sector – such as financing of white goods.

(www.contactcars.com)

amwal_portfolio_logo_damas
DAMAS

Country: UAE
Industry: Jewellery
Status: Exited

Headquartered in Dubai, United Arab Emirates, Damas is the Middle East’s leading international jewellery and watch retailer. Founded in 1907, today there are about 300 stores in the Middle East, most of which are located in the GCC region.

(http://uae.damasjewellery.com)

amwal_portfolio_logo_eppc
EPPC

Country: Egypt
Industry: Petrochemicals
Status: Current

Egyptian Propylene and Polypropylene Company manufacture propylene and polypropylene. The company was founded in 2005 and is based in Cairo, Egypt.

amwal_portfolio_logo_mis_arabia
MARITIME INDUSTRIAL SERVICES

Country: UAE
Industry: Oil & Gas Services
Status: Exited

Maritime Industrial Services Group is a diversified engineering and contracting group providing a broad range of products and services to the energy sector. It was established in Dubai, UAE in 1979. MIS’ business scope covers EPC, Fabrication, New Build, Rig Refurbishment, Tech Services (Operations & Maintenance) and Safety Services. MIS’ operational scope of work covers engineering, procurement, fabrication, construction, safety, operating and maintenance services to the oil, gas, petrochemical, energy, power generation and marine industries.

amwal_portfolio_logo_umark
UMARK

Country: Saud Arabia
Industry: Consumer Goods
Status: Current

The U-Mark Group is a leading retail and distribution group in the MENA region since 1995 and is based in Riyadh, Saudi Arabia. The Company has a large network of over 50 multi-brand sports retail stores across the Kingdom through which it sells fitness equipments, sports apparel and footwear. The Company is also a distributor of personal care and home appliances products and carries reputable brands such as Emjoi, Conair, Black & Decker, and Honeywell.

(www.u-mark.net)

amwal_portfolio_logo_right_angle
RIGHT ANGLE MEDIA

Country: UAE
Industry: Media
Status: Current

Right Angle is in the business of Out-Of-Home media development and management in the UAE and MENA region and is one of the largest Out-Of-Home advertising concessionaires in the UAE.

(www.rightangle.ae)

amwal_portfolio_logo_dcc
DUBAI CONTRACTING COMPANY

Country: UAE
Industry: Contracting
Status: Current

DCC is a Gulf contracting company founded in 1962 and headquartered in Dubai. The Company offers a wide range of contracting services focused on high-rise buildings as well as hospitality and commercial complexes. The Company’s completed projects portfolio includes UAE landmarks such as the World Trade Centre Residences, the headquarters of Abu Dhabi Commercial Bank and the Capricorn Tower.

(www.dcc-group.com)

Public-Private
Partnership

Amwal has been actively involved in developing landmark PPP projects in KSA (Consortium Formation, Financing arranging, etc.). So far, Amwal has developed/co-developed projects in the power and transportation sectors; most notably Saudiya Catering and Acwa Power the world’s largest IWPP project at the time.

Public-Private
Partnership

Amwal has been actively involved in developing landmark PPP projects in KSA (Consortium Formation, Financing arranging, etc.). So far, Amwal has developed/co-developed projects in the power and transportation sectors; most notably Saudiya Catering and Acwa Power the world’s largest IWPP project at the time.

amwal_portfolio_ppp_catering_airline

Privatization of Saudi Airline Catering division

The privatization of the up to 49% of the Saudi Airline Catering
and Sky Sales units (2007), the catering arm of the national carrier

Amwal Role:

• Developed a Consortium via Amwal sister company Injaz,
including a technical partner (Newrest) and local Investors
• Managed the bid for pre-qualification and final selection (17 pre-qualified, 3 finalists)
• Structured and Managed the Consortium financing (debt and equity)
• Partook in company’s governance, appointed management and ensured business continuity

STATUS:

• Bid successful
• Saudia Catering Co. is currently publicly listed
• Amwal remains partially invested

amwal_portfolio_ppp_iwpp_2

IWPP (Shoaiba) (world’s largest IWPP at the time)

– Development of the Greenfield IWPP for the Water & Electricity Corporation
(Government entity representing both ministries of water and of electricity):
900 MW crude oil fired power plant, 880,000 m3/d Multi stage Flash type desalination plant
Project cost SAR 9 billion

Amwal Role:

• Lobbying and advising the regulator since 1999 on regulatory changes to facilitate PPP selection for IWPP projects
• Project development including:

  • • Advisory (contractor selection, banks selection)
  • • Strategic negotiations
  • • Equity financing

status:

• PPP project successful
• The IWPP company remains one of the largest in the world and successfully operating
• Amwal exited its investments in 2009

Privatization of Saudi Airline Catering division

amwal_portfolio_ppp_catering_airline

The privatization of the up to 49% of the Saudi Airline Catering
and Sky Sales units (2007), the catering arm of the national carrier

Amwal Role:

• Developed a Consortium via Amwal sister company Injaz,
including a technical partner (Newrest) and local Investors
• Managed the bid for pre-qualification and final selection (17 pre-qualified, 3 finalists)
• Structured and Managed the Consortium financing (debt and equity)
• Partook in company’s governance, appointed management and ensured business continuity

STATUS:

• Bid successful
• Saudia Catering Co. is currently publicly listed
• Amwal remains partially invested

IWPP (Shoaiba) (world’s largest IWPP at the time)

amwal_portfolio_ppp_iwpp_2

– Development of the Greenfield IWPP for the Water & Electricity Corporation
(Government entity representing both ministries of water and of electricity):
900 MW crude oil fired power plant, 880,000 m3/d Multi stage Flash type desalination plant
Project cost SAR 9 billion

Amwal Role:

• Lobbying and advising the regulator since 1999 on regulatory changes to facilitate PPP selection for IWPP projects
• Project development including:

  • • Advisory (contractor selection, banks selection)
  • • Strategic negotiations
  • • Equity financing

status:

• PPP project successful
• The IWPP company remains one of the largest in the world and successfully operating
• Amwal exited its investments in 2009