Company Insights Jadwa Investment Banking & Finance Jadwa Investment Overview Jadwa Investment is a leading Sharia Compliant Investment Bank in Saudi Arabia and the Gulf, managing and advising on over SAR 70 billion in client assets. Headquartered in Riyadh with three regional offices, Jadwa caters to a diverse clientele, including government entities, institutional investors, family offices and high-net worth individuals. Jadwa is one of Saudi Arabia’s best performing public equity managers and one of the largest private equity investors and manager of listed REITs. It offers Shariah-compliant investment services including asset management, investment banking, research, proprietary investments and equity brokerage. Jadwa was founded in 2006 with a licence from the Capital Market Authority. Its full investment banking operations began in March 2007 with a paid-up capital of 500 million Saudi riyals ($133 million) by a group of prominent industry and business figures in the kingdom. It now manages client assets worth around SAR75 billion ($20 billion) in public equity, private equity, real estate, private credit, fixed income, and money market investments. Companies it has recently bought and invested in include Dubai food and beverage operator Black Spoon Group, Saudi fast-food chain Tikkaway Restaurants and Kuwait’s Gissah Perfumes Company. Jadwa Investment News Finance Jadwa raises $266m for GCC investment fund Saudi Arabia’s Jadwa Investment has announced the first close for its blind pool private equity fund, with total capital commitments of SAR1 billion ($266 million). The fund, called GCC Private Equity Fund 1, will invest in “high-potential private equity opportunities across the GCC”, the company said. A blind pool fund is where investors commit capital without […] November 20, 2024 Economy New factories underpin Saudi non-oil activity surge Investment of nearly SAR6 billion ($1.6 billion) in 300 new factories in Saudi Arabia has spurred a resurgence in non-oil activity in the kingdom, as oil production hits a three-year low. Estimates in a report by Riyadh-based advisory company Jadwa Investments found that non-oil GDP in the first half of 2024 was up by around […] August 27, 2024 Leisure & Hospitality Jadwa buys 60% of Saudi chain Tikkaway Restaurants Jadwa Investment is acquiring a majority stake in the Saudi fast-food chain Tikkaway Restaurants for an undisclosed sum. The Riyadh-based investment management company acquired a 60 percent stake in Tikkaway through its food and beverage opportunities fund. The homegrown restaurant chain has 20 branches and plans to expand to more than 40 outlets across the […] July 18, 2024 Analysis Economy Volatility of crude markets masks Saudi non-oil momentum Volatility in global oil markets, which led to Saudi Arabia’s GDP shrinking last year, is masking the strength of the kingdom’s non-oil economy, analysts have said. Its non-oil revenue is forecast to rise by more than 5 percent in each of the next two years, according to Jadwa Investment. The 2023 contraction was driven by […] March 5, 2024 Banking & Finance Saudi remittances fall as expats invest domestically Expatriate remittances from Saudi Arabia have fallen over the past two years, despite a rise in the number of overseas workers needed to develop the kingdom’s slate of huge giga-projects. Some experts have predicted the slump in funds sent back home could be as a result of improved investment opportunities inside the kingdom. Yearly remittances […] February 22, 2024 Analysis Oil & Gas Experts wonder if Saudi Arabia has enough gas to go around Saudi Arabia is investing hundreds of billions of dollars in natural gas, but analysts are divided about the chances of the world’s largest oil exporter becoming a gas-exporting powerhouse too. The kingdom’s biggest gas play is the Jafurah basin, located in the Tuwaiq mountains about 185 miles from Dammam and southeast of the massive Ghawar […] February 14, 2024 Markets Saudi US treasuries holdings hit two-year high Saudi holdings of US treasuries surged to a two-year high of $128.1 billion in November from a six-year low of $108.7 billion in June, according to newly released data from the US Department of the Treasury. Treasuries are government debt instruments issued by the Treasury and auctioned by the US Federal Reserve, and are considered […] January 22, 2024 Economy Saudi inflation eases to 1.5% – but tipped to rise this year Saudi Arabia’s year-on-year inflation rate eased to 1.5 percent in December 2023, from 1.7 percent the previous month, but prices are expected to rise more quickly this year as the country emerges from a slowdown. Housing costs were the main driver of increases in the consumer price index (CPI), according to the General Authority for […] January 16, 2024 Leisure & Hospitality Saudi’s Jadwa buys Dubai-based owner of Allo Beirut Saudi Arabia’s Jadwa Investment has acquired the Dubai-based food and beverage operator Black Spoon Group. The Riyadh-headquartered investment management and advisory firm acquired 100 percent of Black Spoon through its food and beverage opportunities fund. Black Spoon’s portfolio comprises 10 branches across three popular restaurant chains in the UAE, including its Lebanese casual dining flagship […] December 19, 2023 Giga-projects Riyadh Expo 2030 to spur giga-project construction Saudi Arabia will host the World Expo 2030 in Riyadh, surpassing bids from Italy and South Korea in what analysts and officials said would be a boon for tourism and a spur to finish ambitious development projects on time. A total of 119 countries endorsed Riyadh’s candidacy during the 173rd general assembly of the Bureau […] November 30, 2023 Posts navigation 1 2 … 4 Next
Finance Jadwa raises $266m for GCC investment fund Saudi Arabia’s Jadwa Investment has announced the first close for its blind pool private equity fund, with total capital commitments of SAR1 billion ($266 million). The fund, called GCC Private Equity Fund 1, will invest in “high-potential private equity opportunities across the GCC”, the company said. A blind pool fund is where investors commit capital without […] November 20, 2024
Economy New factories underpin Saudi non-oil activity surge Investment of nearly SAR6 billion ($1.6 billion) in 300 new factories in Saudi Arabia has spurred a resurgence in non-oil activity in the kingdom, as oil production hits a three-year low. Estimates in a report by Riyadh-based advisory company Jadwa Investments found that non-oil GDP in the first half of 2024 was up by around […] August 27, 2024
Leisure & Hospitality Jadwa buys 60% of Saudi chain Tikkaway Restaurants Jadwa Investment is acquiring a majority stake in the Saudi fast-food chain Tikkaway Restaurants for an undisclosed sum. The Riyadh-based investment management company acquired a 60 percent stake in Tikkaway through its food and beverage opportunities fund. The homegrown restaurant chain has 20 branches and plans to expand to more than 40 outlets across the […] July 18, 2024
Analysis Economy Volatility of crude markets masks Saudi non-oil momentum Volatility in global oil markets, which led to Saudi Arabia’s GDP shrinking last year, is masking the strength of the kingdom’s non-oil economy, analysts have said. Its non-oil revenue is forecast to rise by more than 5 percent in each of the next two years, according to Jadwa Investment. The 2023 contraction was driven by […] March 5, 2024
Banking & Finance Saudi remittances fall as expats invest domestically Expatriate remittances from Saudi Arabia have fallen over the past two years, despite a rise in the number of overseas workers needed to develop the kingdom’s slate of huge giga-projects. Some experts have predicted the slump in funds sent back home could be as a result of improved investment opportunities inside the kingdom. Yearly remittances […] February 22, 2024
Analysis Oil & Gas Experts wonder if Saudi Arabia has enough gas to go around Saudi Arabia is investing hundreds of billions of dollars in natural gas, but analysts are divided about the chances of the world’s largest oil exporter becoming a gas-exporting powerhouse too. The kingdom’s biggest gas play is the Jafurah basin, located in the Tuwaiq mountains about 185 miles from Dammam and southeast of the massive Ghawar […] February 14, 2024
Markets Saudi US treasuries holdings hit two-year high Saudi holdings of US treasuries surged to a two-year high of $128.1 billion in November from a six-year low of $108.7 billion in June, according to newly released data from the US Department of the Treasury. Treasuries are government debt instruments issued by the Treasury and auctioned by the US Federal Reserve, and are considered […] January 22, 2024
Economy Saudi inflation eases to 1.5% – but tipped to rise this year Saudi Arabia’s year-on-year inflation rate eased to 1.5 percent in December 2023, from 1.7 percent the previous month, but prices are expected to rise more quickly this year as the country emerges from a slowdown. Housing costs were the main driver of increases in the consumer price index (CPI), according to the General Authority for […] January 16, 2024
Leisure & Hospitality Saudi’s Jadwa buys Dubai-based owner of Allo Beirut Saudi Arabia’s Jadwa Investment has acquired the Dubai-based food and beverage operator Black Spoon Group. The Riyadh-headquartered investment management and advisory firm acquired 100 percent of Black Spoon through its food and beverage opportunities fund. Black Spoon’s portfolio comprises 10 branches across three popular restaurant chains in the UAE, including its Lebanese casual dining flagship […] December 19, 2023
Giga-projects Riyadh Expo 2030 to spur giga-project construction Saudi Arabia will host the World Expo 2030 in Riyadh, surpassing bids from Italy and South Korea in what analysts and officials said would be a boon for tourism and a spur to finish ambitious development projects on time. A total of 119 countries endorsed Riyadh’s candidacy during the 173rd general assembly of the Bureau […] November 30, 2023
