Economic updates
Our in-depth, independent reports cover the macroeconomic environment, the Saudi government’s annual budget, and Saudi Arabia’s monetary and financial developments, labor market, and inflation.
Jadwa Special Technology Opportunities Fund
Special reportJadwa offered a rare investment opportunity through its acquisition of a 49 percent stake in UnitedMatbouli Group (UMG), one of the largest retailers and distributors of electrical appliances and consumer electronics in Saudi. UMG is the sole distributor of Samsung in Saudi Arabia, double-digit growth in sales and net income, a 50-year track record of doing business. The investment is structured as a Shariah-complaint closed-end fund and appears here for record purposes only.
CIT Jadwa UK Special Opportunities Fund
Special reportThis five-year Fund is a joint venture fund between Jadwa and CIT and targets investment in Shariah-compliant real estate in the UK with total AUMs exceeding £100million. This Fund holds a number of competitive advantages including partnering with CIT, a pioneer private equity real estate manager, at a time when the market is seeing historically low prices. The Fund forecasts to deliver a project IRR of 26% and 10% average coupon against target 6%+..
