Investment Dar Holds All-Investor Meeting in Dubai

13 December 2012

The Investment Dar K.S.C.C. (TID) confirmed that it held its annual “All-Investor” meeting with its banks and financial investors on 13th November 2012 in Dubai. Seventy representatives of forty institutions attended in person or via audio link. TID’s management gave attendees amongst other things an update on the latest developments within its portfolio of investments and introduced Houlihan Lokey, who have recently been appointed as an adviser to TID. During the meeting, Houlihan Lokey gave a short presentation on the negative effects of the global financial crisis on private equity transactions and reviewed the challenging dynamics in a number of GCC markets.

“Although the progress towards carrying out TID’s restructuring has been fair” commented TID’s Chairman, Adnan Al-Musallam,” the environment is still very hard; not just for TID but for everyone”.
For further information:

The Investment Dar
Naji A. Soweidan +965 22324045