Tuesday 22, January 2013 by Robin AmlĂ´t

Amwal AlKhaleej exits investment in Al Rowad Private Education

Amwal AlKhaleej has announced the successful exit of its investment in Al Rowad Private Education Group through a trade sale. The firm had acquired a majority stake in Al Rowad as part of its Amwal II partnership in 2008. Al Rowad’s revenues and net profits have since grown by approximately 65 per cent, primarily through campus expansions, acquisitions, and operational improvements.

Features & Analyses

Consumer Banking Commitment to the people

Banker Middle East’s Retail Banker of the Year, Hamed Fayez, Senior Executive Vice President, Head of Retail Banking Group at… read more