Tuesday 24 May 2016
 
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IIB

IIB posts profit in Q1

International Investment Bank (IIB), a globally focused sharia-compliant investment bank based in Bahrain, posted a net profit attributable to equity holders of $0.24 million for the three month period ended on March 31, compared to a net loss

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IIB exits Tunisia-based auto distributor

International Investment Bank (IIB) has announced an exit from its investment in Artes, a listed Tunisian-based automobile distributor, selling it at TND7.1 ($3.5) per share through block sales on the Tunisian Stock Exchange. In 2

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IIB exits from two property investments

Bahrain-based International Investment Bank (IIB) announced its exit from real estate investments in the United Arab Emirates and Germany for a combined value of $163.1 million. This will boost its liquidity as it considers other

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IIB exits in profit from aircraft leasing deal

Bahrain-based International Investment Bank (IIB) has announced the disposal of a Boeing 777-300 ER aircraft, resulting in more than 30 per cent IRR for the bank. The aircraft, which was purchased by IIB in a sale and leaseback tr

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IIB, Starwood sign MOU for hotel at Sarajevo project

Bahrain-based International Investment Bank (IIB) has announced that its mixed-use real estate development in Sarajevo has signed a memorandum of understanding (MOU) with Starwood Hotels and Resorts concerning the project's second tower, whi

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IIB, Starwood sign MOU for hotel at Sarajevo project

Bahrain-based International Investment Bank (IIB) has announced that its mixed-use real estate development in Sarajevo has signed a memorandum of understanding (MOU) with Starwood Hotels and Resorts concerning the project's second tower, whi

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IIB records $6m profit

International Investment Bank (IIB), a globally focused investment bank based in Bahrain and operating in line with Shari’ah principles, has reported a net profit of $6 million for 2013. The figures compares with a net profi

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Bahrain bank acquires $250m US property

International Investment Bank (IIB), a Bahrain-based Islamic investment bank, has acquired a $250 million, 2,400 unit multi-family residential portfolio with Atlas Residential Management. The Class A portfolio was acquired from Da

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IIB Saudi investors get solid dividends

Bahrain-based Islamic lender International Investment Bank (IIB) has announced the second consecutive dividend distribution to the  investors of its IIB KSA Investments, which owns an equity stake in Saudi developer Ewaan Global Residential

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Bahrain's IIB buys stake in Leeds United

Bahrain-based International Investment Bank (IIB) has bought a 10 per cent stake in Britain's Leeds United from GFH Capital, the owners who took over the English soccer club three months ago. With this deal, IIB's chief ex

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