Friday 29 March 2024
 
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IIB

IIB, Al Shiddi to co-invest in Swissôtel, Sarajevo

Swissôtel, part of AccorHotels, world-leading travel & lifestyle group, today announced that it has entered into a franchise agreement with Bahrain’s International Investment Bank (IIB) and Al Shiddi International for the develop

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IIB, Al Shiddi to co-invest in Swissôtel, Sarajevo

Swissôtel, part of AccorHotels, world-leading travel & lifestyle group, today announced that it has entered into a franchise agreement with Bahrain’s International Investment Bank (IIB) and Al Shiddi International for the develop

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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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