February - 2012
Mr. Eisa Al Eisa, Chairman of SambaCapital, applauded SambaCapital's continued outstanding performance during 2011. SambaCapital received a total of 11 awards throughout the year, namely 'Best Investment House in the Middle East' by Global Finance for the sixth year in a row; 'Most Innovative Investment House from the Middle East' by The Banker, 'Project Finance House of the Year in the Middle East and Africa' by Project Finance International (part of the Thomson Reuters group), and 'Best Asset Manager in the Kingdom of Saudi Arabia' by Global Investor magazine. SambaCapital's continued outstanding performance has established it as the leader in its market, combining its rich heritage with expertise and innovative products that provide customers with the very latest investment products they require.
SambaCapital's award for Project Finance is credited to the positions taken in many of the notable structured finance deals on a local and regional level. These include, among others, SambaCapital's commitment to arrange financing of US$500 million on the Barzan Gas deal in Qatar. The whole deal amounted to US$7.25 billion. SambaCapital's other achievements include the successful completion of its first private Real Estate Income Generating Fund I, in August 2011. SambaCapital also launched the 'Al Ataa Saudi Equities Fund', a new Shariah compliant investment fund in June 2011. The launch came as part of SambaCapital's continued efforts to provide innovative investment products that respond to the needs of its clients.
"For SambaCapital to be consistently recognised and awarded by these institutions, with trusted standards of excellence, is a commendable accomplishment and a testament to the hard work and unrelenting ambition for excellence that is at the core of the SambaCapital family," commented Al Eisa. "This is a collective achievement, and a lot is owed to the SambaCapital team who play a pivotal role in helping materialise our vision and continue to offer exemplary service to our loyal customers."
Mr Al Eisa was also presented with a "Lifetime Achievement" Award by CEO Middle East Magazine, a member of the ITP Executive Publishing Group in recognition for his distinguished professional career and visionary leadership. He is accredited with being a major force in propelling Samba to its leading position in the banking and finance industry both on a local and regional level.