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The Admiralty Group and it's principals have completed
(or are now engaged in)
the following assignments in the Middle East Region
  

Egypt: Misr American International Bank

Established a complete credit system, including developing and implementing policies and procedures for credit approval and review, loan administration, problem loan work out and recovery, and credit training, for a multi-branch international bank majority owned by the Government of Egypt's Development Industrial Bank. Opened new branches on time and within budget, including policies and procedures, fit out, computer systems, and related UPS issues; security, vault and custodial issues, recruitment and training; etc. Funded by Bank of America, a minority shareholder.

Egypt: Eli Siag Penta Hotel

Supervised the construction financing of a four star hotel within sight of the pyramids, to be operated by Penta Group. We developed a full feasibility study and cash flow projections, structured and supervised financing.

Egypt: Gillette Manufacturing Facility

Participated in the syndicated financing of a razor and blade manufacturing facility in Egypt. This included project evaluation, development of cash flow models, and lending to this project financing.

Egypt: Exide Battery Factory

The construction and finance of a motor car battery manufacturing plant in Egypt. Full evaluation of project feasibility and participation in syndicated loan.

Egypt: El Arish Marriott Hotel TOP

Structured, arranged and supervised financing and funding of a four star seaside tourist hotel.

Morocco: Development of Loan Guarantee Facilities

Analyzed two loan guarantee facilities with various commercial banks in Morocco. Project included the negotiation and restructuring of the loan guarantee facilities and the development of training plans for bank staff. A USAID funded project.

Pakistan: Fleet Financing TOP

Analyzed cashflows of shipowner and determined financial viability of ship financing. Arranged term financing, foreign exchange, including all documentation.

Turkey: Hilton International Hotels Inc. TOP

Structured the financing, arranged US Overseas Private Investment Corporation guarantee on debt, prepared sales memoranda, and placed the debt for the construction and financing of a new five star hotel in Ankara, Turkey.