Addax Bank

About Addax Bank Addax Bank was formed in 2003 and has been involved in a number of high profile deals in the region. Addax Bank's landmark deals include: oThe structuring and placement of the US$ 150 million deal to finance 20 Express by Holiday Inn hotels across six countries in the GCC oParticipation with Dubai International Capital and other le... ad investors in creating JD Capital, a US$300 million company targeting investment opportunities in Jordan. The launch of Nuzul Holdings, in collaboration with The Ascott Group of Singapore, to acquire and manage a chain of serviced residences throughout the Middle East and North Africa. The launch of Addax Media BSC- Addax Media is a holding company that focuses on investing in innovative, high-quality media productions. Addax Media's first production "Khalid Bin Waleed" was aired on 6 channels including MBC and Dubai Television during Ramadan 2006. The launch of Addax Education Holdings (AEH), a holding company, established in partnership with a team of education and private equity professionals to invest and manage education and education related businesses across the GCC, Middle East and North Africa. The launch of Addax Capital in the Kingdom of Saudi Arabia. oThe placement of a US$ 50 million deal capital raise fund the expansion of Eos Airlines, a premium flight airline serving the transatlantic travel market. Awards won in 2007 include: "Best New Bank" in 2007 by Banker Middle East oEuromoney, the world's leading financial markets magazine, recently launched the Liquid Real Estate Awards to cover the global developments in real estate finance and capital markets. Addax Bank won both 'Best Investment Bank in Bahrain' and 'Best Bank for Equity Services in Bahrain' for 2007 for its outstanding contribution to global real estate finance.Read More