From time to time, Jadwa’s research team also publish in-depth reports on select themes.
Middle East Specialized Cables (MESC) is primarily a producer of custom made cables targeting the industrial sector. In recent years the company has diversified into the production of low and medium voltage cables to benefit from the construction boom and open up new export markets.
Jadwa offered its investors a rare investment opportunity through Jadwa Technology Special Opportunity Funds acquisition of a 49 percent stake in United Matbouli Group (UMG), one of the largest retailers and distributors of electrical appliances and consumer electronics in Saudi. UMG is the sole distributor of Samsung in Saudi Arabia, with double-digit growth in sales and net income, and a 50-year track record of doing business. The investment is structured as a Shariah-compliant closed-end fund and appears here for record only.
Jadwa UK Special Opportunities Fund is an English Limited Partnership. The General Partner is incorporated under the laws of England. The Fund has acquired both income generating assets and has successfully traded jointly invested development land. The Fund has recently refinanced the remaining assets in order to initiate further value enhancing strategies. Future performance is dependent upon further strengthening of both regional office and retail sectors and successful implementation of current value enhancing initiatives.