Overview

Last updated 26/04/2008
Country Bahrain
Ownership Private
Ownership Type Parent
Organisation Type Joint-Stock
Sector | Sub sector
  • Financial Services | Investment Banking
Date of establishment October 2003
Address PO Box 11159
Manama, Bahrain Phone +973 17 560444
 Fax +973 17 560445

Summary

Last updated 26/04/2008

December, 2007 - Addax Bank has announced the successful completion of a capital increase, with Abu Dhabi-based Oasis Capital set to acquire a 42.5 per cent stake in the bank. Following the deal Oasis Capital will become the bank’s largest shareholder and will fund Addax Bank’s regional expansion.

Officers

Last updated 26/04/2008
Name Job Title
Yousef Al Essa Chief Executive Officer

Ownership / Shareholders

Last updated 26/04/2008
Name Country Holding
International Financial Advisors Kuwait 40.00%
Global Zone General Trading and Contracting Company Kuwait 20.00%
Jassem Hassan Ali Zainal Kuwait 10.00%
Salah Khaled Al Fulaij Kuwait 10.00%
Essa Abdullah Al Muzaini USA 10.00%
Nabil Khaled Kanoo Bahrain 10.00%

Affiliates

Last updated 26/04/2008
Name Country Sector Holding
Arab Education Holding Company Bahrain Services 100.00%
Middle East Education Holding Company Bahrain Services 100.00%
Gulf Education Holding Company Bahrain Services 100.00%
MENA Resident Holding Bahrain Diversified and Holding 100.00%
Addax Media Bahrain Media 87.62%
Addax Aviation Advisors Bahrain Services 70.00%
First Education Holding Bahrain Services 37.41%
MESC Holdings Bahrain Diversified and Holding 28.89%
Addax Education Holding Bahrain Services 20.00%
Addax Jordan Holding Company Bahrain Diversified and Holding 8.90%
Addax Capital Saudi Arabia Financial Services -

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