Dubai, May 23, 2016: Al Mal Capital PSC, a subsidiary of Dubai Investments PJSC and a diversified, multi-line investment institution licensed and regulated by the Central Bank of the UAE, has announced its role as a sole buy side adviser to Emaar Industries & Investments (EII), a subsidiary of Emaar Properties PJSC, in the successful acquisition of a significant stake in UAE-based construction and contracting firm Leaders Fort Contracting (LFC). The value of the transaction was not disclosed.

"Despite market headwinds, this transaction caps a strong year for Al Mal Capital PSC Corporate Advisory's mergers and acquisitions practice and demonstrates the attractive fundamentals and diversity that UAE's economy offers to investors," noted Naser Al Nabulsi, Vice Chairman and CEO of Al Mal Capital PSC.

EII said it will contribute to developing LFC's business activities and strengthen market share including exploring opportunities for potential partnership on mega-developments in the UAE and expansion to other GCC markets.

Established in 2006, Leaders Fort Contracting is a specialist in concrete repair technologies, industrial and trafficable flooring, waterproofing, protective coatings, and MEP works and has undertaken works for Burj Khalifa, The Dubai Mall, Dubai International Airport, Abu Dhabi International Airport, The Presidential Palace, Mafraq Hospital, Al Ain Stadium, Yas Mall and Julphar pharmaceutical facilities.

Nasser Batha, CEO of Emaar Industries & Investments, said: "The acquisition of a significant stake in Leaders Fort Contracting is a strategic fit to our focus on investing in leading UAE-based companies that have high growth potential."

Mohammed Bazzari, CEO of Leaders Fort Contracting, added: "We are now set to enter a new era of growth, supported by the expert counsel and investment support offered by EII, across all aspects of our operations. The investment will also enable us to create new jobs in our sector."

About Al Mal Capital
Al Mal Capital, established in 2005, is a diversified, multi-line investment institution headquartered in Dubai, and licensed & regulated by the Central Bank of United Arab Emirates. In May 2015, Dubai Investments acquired 60.86% stake in Al Mal Capital.

Al Mal Capital offers a wide range of investment products spread across its business lines of investment banking, brokerage and asset management. The Company maintains a unique value proposition in bringing a wealth of experience, along with the application of global standards, to the region. Al Mal Capital offers a client-centric business model with discretionary portfolio management, private equity funds, international equities, options trading, investments advisory and skills in structured finance, IPOs & private placements.

© Press Release 2016