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Earnings per share increased by 134%, from 16.09 fils (6 cents) last year to 38 fils (14 cents) this quarter. Shareholders’ equity also increased to KD90.53m ($340.21m) compared to KD56.07m ($201.45m) during quarter one …Read full article » Kuwait: Monday, November 03 - 2008 @ 15:31
The two companies transferred minority interests in three of their international and regional properties. These transactions are valued at $15.3m.
IFA HR has transferred its minority interests in five hotels in Kenya to KHI; in …Read full article » United Arab Emirates: Saturday, November 01 - 2008 @ 15:30
“We are very excited with the opening of YOTEL Schiphol as it is our third property to open. The concept has quickly gained ground, placing affordable luxury, convenience and innovation in the hands of travelers …Read full article » United Arab Emirates: Wednesday, October 15 - 2008 @ 13:43
The JV partnership will fully-integrate and standardize the corporate travel market with particular emphasis on the Oil & Gas sector, a specialized division for Wings, a South African-based travel management company.
“We are delighted with our …Read full article » United Arab Emirates: Sunday, August 24 - 2008 @ 13:27
Total revenues have increased to $211.47m during 2008 compared to $113.88m in 2007, an increase of 86%.
Shareholders’ equity also increased to $256.63m compared to $183.05 in 2007.
The company’s total assets increased by 35% to total …Read full article » Kuwait: Wednesday, August 13 - 2008 @ 15:05
IFA HR acquired 26.15% of Raimon Land Plc, a Bangkok based luxury condominium and real estate development company, and owns 49% of the new The Lofts Southshore project.
Talal Jassim Al-Bahar, Chairman …Read full article » United Arab Emirates: Tuesday, July 22 - 2008 @ 13:48
Phase one of the resort includes the residential component, Balqis Residence, and the Private Residence Club, Fairmont Heritage Place. Balqis Residence comprises 300 sea-view residences from villas, townhouses, apartments and penthouses; all to …Read full article » United Arab Emirates: Tuesday, July 01 - 2008 @ 13:48
The facility will be utilised towards growing the IFA HR global portfolio and tapping into new emerging markets. IFA HR is currently present in over 15 markets across the Middle East, Europe, Africa, Indian Ocean …Read full article » United Arab Emirates: Tuesday, June 24 - 2008 @ 14:58
The sale of approximately Dhs300m at The Palm Golden Mile marks the first availability of freehold office space at one of the world’s most prestigious new addresses.
Investors secured office space in four out of …Read full article » United Arab Emirates: Sunday, June 22 - 2008 @ 16:21
Talal Jassim Al-Bahar, Chairman and Managing Director, IFA HR stated: “Lebanon is one of the most sought after holiday destinations in the Middle East, popular among tourists from the Gulf and expatriates alike. We …Read full article » Lebanon: Sunday, June 22 - 2008 @ 07:39