BMI Bank (Bahrain)

The founders of GulfCap successfully assisted the shareholders of the Bahrain-based Bank Muscat International, now BMI Bank, in carrying out organisational restructuring, as well as headhunting a professional CEO.

They also assisted in putting together a strategic business plan, in conjunction with the UK-based Sabre Capital, and raising USD500 million of additional capital injection in two tranches.

The first tranche was USD250 million and was successfully closed.

Reference website: http://www.BMIbank.com