Since 1999 Rasmala has developed a reputation for innovation and thought leadership. Since its foundation Rasmala has been one of the Gulf region’s most dynamic investment companies. Reflective of the times, Rasmala has played a central role in the development of regional capital markets and institutional investment activity and has helped bring prosperity to the region.
1999Rasmala establishes fund management business
1999Deutsche Bank becomes founding shareholder
2002Rasmala Buyout Fund LP acquires Nasdaq listed Aramex International.
2004Rasmala moves its Holding company from Bermuda to the Dubai International Financial Centre (DIFC).
2005Rasmala receives license from Dubai Financial Services Authority (DFSA). Rasmala establishes Capital Markets business. Rasmala launches Arabian Markets Growth Equity Fund.
2007Rasmala acquires Delta Group in Egypt; Delta Asset Management was formerly part of ABN Amro Bank.
2008Rasmala wins ‘Best New Fund’ award at Hedge Funds World conference.
2009Rasmala wins ‘Fixed Income Fund of the Year’ at MENA Fund Manager Performance Awards.
2010Rasmala wins ‘GTM/EGX Best Asset Management Firm in Egypt’.
2012London-listed EIIB acquires strategic stake in Rasmala. Rasmala launches Global Sukuk Fund.
2013Rasmala launches GCC Equity Fund. ‘European Deal of the Year’ for structuring and placing USD100 million FWU Sukuk Al-Wakala Programme.
2014Final closing of Rasmala Leasing Fund 1. Key funds re-domiciled from Cayman Islands to Luxembourg UCITS platform. Rasmala announces plan to establish and expand Alternatives business. Rasmala launches Trade Finance Fund, an alternative income generating investment solution. Rasmala awarded Best Sharia’ Fund Manager of the Year 2014 by the Global Investor/ISF. Rasmala increases shareholding in Rasmala Egypt from 51% to 100%.
2015Initial closing of the Rasmala Leasing Fund 2. Rasmala announces plans to establish and expand Real Estate business. Rasmala wins ‘Regional Fixed Income Manager of the year’ and ‘Equities Manager of the Year’ 2015 in Global Investor /ISF awards. Rasmala adopted as brand for the group to reflect business integration and strategic direction; EIIB changes name to Rasmala.
2016Rasmala closes it’s first UAE real estate transaction for USD 75 million. Rasmala wins ‘UAE Asset Manager of the Year 2016’ by Global Investor/ ISF awards. Rasmala aquires a controlling stake in Orchard Apartments Limited. Rasmala acquires Abbvie House, Maidenhead for GBP 24.43 million.
2017Rasmala closes it’s largest UK real estate transaction to date for GBP 54 million , a logistics facility let to Amazon. Rasmala closes its second UAE real estate transaction for USD 63 million. Rasmala acquires portfolio of German Logistics assets for EUR 154 million, let to Amazon and Decathlon.
2018Rasmala launches an international real estate fund, Rasmala Long Income Fund.
2019Rasmala closes two Dutch real estate transaction let to DuPont and Timberland, amounting to EUR 82 million