Michael Helou heads Global’s investment banking business

Updated 07 January 2014
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Michael Helou heads Global’s investment banking business

Global Investment House (Global) has announced the appointment of Michael Helou in the capacity of executive vice president to head the investment banking business of the company.
Helou is a graduate of the London School of Economics and Political Science and brings almost 20 years of investment banking and advisory experience to Global.
He spent most of his career at Rothschild in various roles in both London and Hong Kong and in 2006 moved to the region to set up and head the firm’s investment banking business in the Middle East.
Following Rothschild, Helou spent several years at Barclays Capital as the head of its financial institutions group in the Middle East and North Africa.
Helou brings a wealth of experience to Global across many areas, including mergers and acquisitions, equity and debt capital markets, restructuring and privatization.
Bader Al-Sumait, CEO at Global, said, “We are pleased to welcome Helou to the executive management team. We are confident that his international expertise and exposure to an array of successful transactions coupled with regional insight will contribute to the development of the investment banking business and enhance our competitive edge to better serve our corporate clients.”
Helou said, “We have exciting plans to further develop the investment banking business to become a major player in the market. I believe a real window of opportunity exists today for an independent firm to emerge with a comprehensive regional footprint, a product capability that serves the needs of regional clients and best in class expertise and execution capability.’
The appointment of Helou is part of the company’s plan to strengthen its management team by hiring experienced professionals in major areas to further develop its core business.


Al-Futtaim ACE hosts Eid celebration

Updated 18 June 2018
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Al-Futtaim ACE hosts Eid celebration

Al-Futtaim ACE in Dubai celebrated Eid with 25-75 percent off its 25,000 product lines available both in-store and online. Customers enjoyed exciting deals on a range of home, DIY, outdoor and garden products as well as on electronic goods.
A number of in-store activities, such as a henna artist, balloons, cotton candy, pop corn and face painting for kids, kept everyone entertained. The Al-Futtaim ACE Eid Extravaganza ran from June 14-17.
Customers also took advantage of the recently launched “Price Match Protection,” which matches prices of branded products available at Al-Futtaim ACE to prices for the exact same make, model and specifications of products in the market, including at online retailers.
Al-Futtaim ACE stores offer over 33,000 great products of world-class brands such as WILKO, Karcher, Black & Decker, Makita, Clark + Kensington, Weber, Gardena and Leisuregrow.