Dubai International Capital ranked as one of world's top employers
on: September 30, 2008, 9:01 am
Release Author: Dubai
Release Summary: Dubai International Capital named in top ten
percentile of the world's top employers by independent survey
Release Body: Dubai Holding, has announced that
Dubai International Capital LLC (‘DIC'), its international
investment arm, has been ranked in the top ten percentile, against
regional and global benchmarks, in the TRI*M 2007 Employee
Satisfaction Survey. TRI*M is a global
leader in customer stakeholder management research, and part of
TNS, a global market information and insight group.
Mohammed Al Gergawi, Chairman of Dubai Holding said:
"DIC made outstanding progress in 2007 under Sameer Al Ansari's
Al Ansari and the Dubai
International Capital team have built a highly profitable
international investment company in a remarkably short time and
these exceptional results reflect DIC's high standards of corporate
governance and high levels of employee satisfaction. The results
reinforce the UAE's status as a career destination for talented
professionals in the financial sector and also demonstrate its
position as a leading global financial centre."
Al Ansari, Executive Chairman and CEO of
DIC said: "DIC has achieved a great deal in
a short time with a significant investment push into Asian markets
this year and the closing of several major transactions in 2007.
We are building on this momentum with an ambitious recruitment
drive at a senior level with a target of 130 employees by the
end of 2008 compared to 85 in 2007. We are hiring the resource
and senior talent we need for the next phase of DIC's ambitious
assets under management of Dubai
International Capital now total over US$12 billion
with a target to double assets under management to US$25 billion
within the next two years. DIC has been profitable since its inception
in 2004 and has earned global recognition as a world class investment
Emerging Markets division made its first direct investment
in the region with the family-owned Rivoli Group, a luxury retail
chain based in the UAE. DIC's Jordan Dubai Capital, a US$300 million
fund, acquired a 51% stake in the Central Electricity Generating
Company through its energy investment arm ENARA Energy Arabia.
DIC recently announced the launch of China Dubai Capital, a $1billion
fund to invest in China in partnership with First Eastern as well
as Saudi Dubai Capital, a $1 billion fund to invest in KSA.
Established in 2004, DIC is an international investment company
focused on both private equity and public equity. A wholly-owned
subsidiary of Dubai Holding, DIC manages an international portfolio
of diverse assets that provide its stakeholders with value growth,
diversification, and strategic investments. Assets under management
total over US$12 billion. DIC was named MENA Private Equity Firm
of the Year in the 6th annual Awards for Excellence in Private
Equity Europe 2008, organised by Dow Jones Private Equity News.
The survey results were measured by the TRI*M model which gives
a single number score representing the level of employee commitment
including overall satisfaction, recommendation, rejoining, motivation
of colleagues and market strengths.
the findings, 85% of DIC employees believe DIC has a strong reputation
in the market which reflects that staff are proud to be working
for the firm. 83% of employees would recommend DIC as a company
to work for, compared to 74.5% in 2006.
Details: Dubai International Capital LLC PR contact:
PO Box 72888
Dubai International Financial Centre
United Arab Emirates
Tel: (+971-4) 362 1888
Mob : +971 50 156 6737