Friday 4 September 2015
 
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investment

International Investment Bank appoints new chief

Bahrain-based International Investment Bank (IIB) has appointed Subhi F Benkhadra as its new chief executive officer.   Benkhadra, previously the chief executive officer of Abu Dhabi based Baniyas Investment and

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GCC set to attract major construction deals

Massive investment in transforming infrastructure projects across the GCC is attracting some of the world’s biggest names in construction, according to the man behind two of the region’s leading construction events. “More tha

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Takaud appoints new chief investment officer

Takaud, a specialist provider of savings, investment and pension solutions for the Middle East and North Africa (Mena) region, has appointed Johannes Van Der Dong, a renowned industry expert, as its chief investment officer.  

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Dubai conference to discuss FDI issues

The UAE Ministry of Economy is set to convene a high-profile conference of government and private sector representatives, to address several key foreign investment-related issues.   The sixth annual Investment Me

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Dubai real estate group wins key investment

Dubai-based real estate technology enterprise, JRD Group, said it has won key investment from iMENA Group, a leading operator of online businesses in the region. With this deal, the company has become a new member of iMENA Group&#

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Salalah Mills to invest $19m in new unit

Salalah Mills will be investing RO7.5 million ($19.47 million) towards the development of a new flour mill with a production capacity of 600 tonnes per day to support the expanding requirements of the domestic and export markets, a report said.

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Seera registers $2.3m net profit in H1

Seera Investment Bank, a sharia-compliant investment bank headquartered in Bahrain, reported consolidated net income of $2.3 million for the six months ended June 30, compared with a loss of $29.5 million for the same period last year. The pro

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Investcorp net income rises 13pc

Bahrain-based alternative investment fund Investcorp posted a 13 per cent increase in full-year net profit on Sunday. The firm's net income for the 12 months to June 30 was $116.7 million, up from $103.1 million a year earlier

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Global investment is not a threat, but a lifeline - Etihad CEO

Etihad’s ground-breaking investment in Alitalia last year saw the Italian national airline renew itself, and set on a new course towards sustainable profitability, the president and CEO of Etihad Airways, James Hogan, said today.

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KBBO Group plans $1bn IPO of merged subsidiaries

UAE’s privately-owned KBBO Group plans to merge two of its investment firms and then raise more than $1 billion from listing a stake in the combined entity in either London or New York, two sources with knowledge of the matter said on Wedn

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