Jadwa Investment is the premier investment management and advisory firm in Saudi Arabia and the wider region. Headquartered in Riyadh with three regional offices, the firm has over SAR 70 billion in client assets under management and advisement. Its clients include government entities, local and international institutional investors, leading family offices, and high net-worth individuals.
Native name | جدوى للاستثمار |
---|---|
Company type | Closed joint stock company |
Industry | Sharia Compliant Investment Bank |
Founded | 2006 |
Headquarters | Riyadh |
Key people | Faisal bin Salman (Former chair) Ahmed bin Aqeel Al Khateeb (Former CEO) Tariq Al Sudairy(MD & CEO) |
Services | Asset Management Real Estate Funds Discretionary Portfolio Management Private Equity Investment Banking Research Brokerage Online Trading |
Website | www |
Today, Jadwa is Saudi Arabia’s best performing public equity manager, the largest private equity investor, and largest manager of listed REITs
Under the CMA decision published on 21 August 2006, Jadwa was awarded a license to offer all types of investment services including: dealing, managing, custody, arranging and advising.[1]
All investment services offered by Jadwa Investment are supervised by a Shariah Supervisory Board and are fully Shariah-compliant. Operating divisions include Asset Management, Investment Banking, Research, Proprietary Investments and Equity Brokerage.
Its full investment banking operations began in March 2007 with a paid-up capital of 500 million Saudi riyals by a group of the most prominent and influential businessmen and industrymen in the Kingdom who helped lay a strong and solid foundation for the company's long-term growth. The first fiscal year was completed on December 31 2007.[1]
In April 2014, the Board of the Saudi Capital Market Authority approved an increase in the capital of Jadwa Investment Company to 852,735 million Saudi riyals.[2]
In December 2023, it was announced that Jadwa Investment had acquired Dubai-based food and beverage operator Black Spoon Group, which is the parent company of restaurant Allo Beirut.[3]
Ownership
editThe founding partners include Faisal bin Salman, chairman of the board, Mohammed and Abdullah Ibrahim Al Subeaei Company, the Al Zamil Group, Abdulrahman Saleh Al Rajhi, Mohammed Ibrahim Al Issa, Abdulrahman Al Ruwaita, and Abdullatif Kanoo. Tariq Al Sudairy is the CEO of the company.[4]
References
edit- ^ a b "Khazanah acquires stake in Jadwa Investment" (PDF). Khazanah Nasional. Archived from the original (PDF) on 18 March 2012. Retrieved 23 May 2012.
- ^ "من نحن". www.jadwa.com. Archived from the original on 2019-07-27. Retrieved 2020-02-29.
- ^ Cabral, Alvin R. "Saudi Arabia's Jadwa buys company behind Allo Beirut with plans to expand outside the UAE". The National. Retrieved 2024-09-17.
- ^ "Board of Directors".
External links
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