Friday 19 December 2014
 
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IIB

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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Tharawat, IIB buy into Saudi fast food brand

Bahrain-based Tharawat Investment House, an Islamic investment house, and International Investment Bank (IIB) have acquired a 49 per cent stake in Saudi Arabia’s Hungry Bunny fast food restaurant chain. The Hungry Bunny bran

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IIB-Al Shiddi mall project on track

A partnership between the International Investment Bank (IIB) and Al Shiddi Group to create the Sarajevo City Centre Project has reached 60 per cent completion, a report said. The 130-million-euro ($169.3 million) development is a

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IIB pays dividend to Tunisia firm investors

Bahrain-based International Investment Bank (IIB) is paying a third annual consecutive dividend to its investors in IIB Automotive (IAL). IAL owns an equity stake in Artes, a company based in Tunis, Tunisia. Artes is a listed company on th

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IIB exits Bahrain Property Fund

Bahrain-based International Investment Bank (IIB), a global investment bank operating in line with Shari’ah principles, has announced the exit of Bahrain Property Fund (BPF); a diversified portfolio of residential and commercial properties.

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IIB profts down 14pc to $12m

International Investment Bank (IIB), a globally focused investment bank based in Bahrain, posted a net profit of $12 million for the 9 months ending September 30. The figure was a decrease of 14 per cent compared to $14 million earned in t

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IIB acquires 14.3pc stake in Hidd sugar refinery

Bahrain-based International Investment Bank (IIB) has acquired a 14.29 per cent equity stake in a sugar refinery to be established in the Hidd industrial area. The refinery will be the first of its kind in Bahrain and the third in the GCC,

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