Recognition from Bankers Middle East Industry Awards Underscores Success of Tabarak Investment Strategy

Abu Dhabi, UAE 5 May 2018: Tabarak Investment – the Abu Dhabi-based, Emirati-led private equity firm, has won the Private Equity Firm of the Year award at the Bankers Middle East Industry Awards. The recognition reflects the firm’s successful track record of transforming underperforming companies into meaningful contributors to the UAE’s economy.

“Tabarak was established in 2011 by a group of Emirati entrepreneurs with the ambition to play a meaningful role contributing to the UAE economy,” said Engineer Abdulla Atatreh, Vice Chairman and Managing Director of Tabarak Investment. “We are highly focused on identifying businesses with unique set of challenges and promising potential. By helping a broad range of companies become stable and productive, we are proud to contribute to an increasingly vibrant private sector.”

The awards were based on the verdict by registered users of the CPI Financial website. The users selected Tabarak Investment from a shortlist prepared by an independent panel of expert judges, who possess vast experience in the private equity and financial sector.

Atatreh continued: “This award reinforces our market leadership as a private equity firm that dedicates its focus and resources to invest and improve the industries we invest in, and this award is a great testimony to our successful approach and the efforts of our team for the past 7 years.” The firm’s portfolio includes major equity stakes in different sectors such as Real Estate, Infrastructure, Construction, Education, Logistics, Manufacturing, Insurance and Services. Most of Tabarak’s entities operate locally while few operate regionally or internationally.

Tabarak’s investments include: Dar Al Marefah Investments with two universities under its umbrella, Al Ain University of Science & Technology, and Al Falah University; Wahat Al Zaweya, a leading real estate development company, Takaful Emarat, a Sharia-compliant insurance provider for individuals and corporations; Gulf Navigation Holding PJSH, Operating petrochemical tankers, and the only maritime and shipping company listed on the Dubai Financial Market (GULFNAV); and Drake & Scull International, a global industry leader delivering world-class solutions and projects in General Contracting, Engineering, Rail & Infrastructure, Oil and Gas, Water and Wastewater treatment.