Friday 19 April 2024
 
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IIB sells stake in Tunisian car distributor

International Investment Bank (IIB) has exited from its investment in Artes, a listed Tunisian-based automobile distributor, selling it at an attractive price of 7.1 Tunisian dinars ($3.5) per share through block sales on the Tunisian Stock Ex

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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 pays dividends to investors in IAL

International Investment Bank (IIB), a Bahrain-based Islamic investment bank, has announced its fourth year consecutive dividend distribution to its investors in IIB Automotive (IAL). IAL owns a significant equity stake in Automobile Resea

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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 buys key stake in Tunisian auto dealer

Bahrain-based International Investment Bank (IIB) has acquired an equity stake in Artes, an exclusive distributor for Renault, Nissan and Dacia automobiles in Tunisia. Established in 1947 under the name “Renault Tunisie,” the company

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