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NBK Chairman denies Group Chief Executive Resignation

NBK Chairman Mohamed Al Bahar denied today ... executive at the bank. National Bank of Kuwait (NBK) Chairman Mohamed Al Bahar ... Finance) National Bank of Kuwait (NBK) Chairman Mohamed Al Bahar denied today in an official statement ...

Press Release - 02/10/2011 - 07:36 - comment 0

Kingdom Holding acquires 5% stake in Kuwaiti company

Mohamed Al-Bahar Group. In September 2003, Prince Alwaleed acquired around 5% of IFA, which currently has ... "Our investment in KIHC is an extension of our strategic cooperation with Jassim Al-Bahar ... in September 2002 with the signing of a $26.2 million agreement that Al-Bahar used to purchase shares in KHI ...

15/08/2010 - 11:28 - comment 0

$30 million deal between Alwaleed and IFA

and strengthens our relationship with Mr. Jassim Al-Bahar and confirms again the continuous success of this strategic alliance with IFA.”   Mr. Jassim Al-Bahar stated: “We are pleased with HRH Prince ... industry.”   Al-Bahar added that he is “honored to be on the Board of KHI, the leading Group ...

15/08/2010 - 10:25 - comment 0

IFA increases its capital to KD 44.9 million

in 2004 to KD 209 million in 2005. Highlighting IFA’s positive performance in his speech, Al-Bahar ... variety of recreational facilities and retail spaces,” Al-Bahar told the gathering. “Additionally, IFA ... & Resorts will manage the portfolio in its entirety,” he said. Al-Bahar also informed ...

18/05/2010 - 11:27 - comment 0

IFA Hotels & Resorts opens London office

and investments and will explore future investment opportunities.”   Al-Bahar added: “Our first step ... (South Africa) and most recently Raimon Land (Thailand).   Al-Bahar concluded: “Our unique ... in the heart of London.   Talal Jassim Al-Bahar, Chairman and Managing Director of IFA HR, stated: “We ...

15/08/2010 - 01:33 - comment 0

Region’s supplier of Caterpillar equipment forecasts 20% growth on back of construction boom

the next five years.   Now Al-Bahar is planning to maximise its growth potential by taking part ... Terex, Atlet, Landoll, Konecranes and Hiab. The options offered by Al-Bahar include sales, rental, parts, ... Abdulrahman Al-Bahar, which operates in the UAE, Kuwait, Bahrain, Qatar and Oman, also predicts ...

17/05/2010 - 21:54 - comment 0

Kuwaiti consortium concludes second major investment in The Palm

Jumeirah based on its confidence in the great future of tourism in Dubai,” said Jassim Mohammed Al- Bahar ... International Finance Company (IFC) and United Investments Portugal (UIP).     The group, through UIP, ...

15/08/2010 - 12:40 - comment 0

IFA Hotels & Resorts spreads wings to Far East

  Al-Bahar added: “We believe additional value can be created by incorporating mixed use ... commitment to the rebuilding and sustenance of the Thai economy.”   Al-Bahar concluded “This ... of Thailand (SET).  The acquisition is valued at approx. US$ 30 million.   Talal Jassim Al-Bahar ...

15/08/2010 - 01:39 - comment 0

IFA: KD99 millions realised profit and KD54 million unrealized

that the company has achieved a record profit in 2005 of KD 172 million including the Minority Interests. Al-Bahar ... the unrealised profits were KD54 million.   Al-Bahar added that this profit was a result ... million 85 million 146%   Al-Bahar said, “IFA’s strategy ...

18/05/2010 - 12:46 - comment 0

IFA Hotels & Resorts and Kuwait Real Estate close US$315 million deal for largest hotel to open in NYC this year

outdoor hotel space. Al-Bahar concluded: “From a financial perspective, we anticipate significant ... a financing and acquisition deal valued at US$315 million for its YOTEL New York property. Talal Jassim Al-Bahar, Vice Chairman and CEO of IFA HR stated: “This is the second funding transaction we have closed ...

Press Release - 06/06/2011 - 13:09 - comment 0