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- Design, masterplan for new 24,000-seat Zayed City stadium unveiled
- Boubyan maintains its Islamic digital banking leadership, globally, regionally and domestically
- 2025: A record-breaking year for NBK in training national talents
- Alba celebrates graduation of second batch from BEng programme
- Buraimi Industrial City attracts RO20mn in new projects in 2025 first half
- Oil declines with Gaza peace plan and US inventories in focus
- Tunnel excavation work starts for Oman-UAE rail project
- KONE named vertical mobility partner for mega skyscraper Jeddah Tower
- Fertiglobe to return minimum $277 million to shareholders in 2025 amid strong strategic progress
- Multiply Group to acquire a majority stake in Italy-based ISEM Packaging Group
17/11/2014 19:59 AST
International Financial Advisors (IFA) swung to a loss in the third quarter, sending its shares down 8 per cent.
The Kuwait investment group reported a total loss of 5.5 million Kuwaiti dinars (Dh69.4m), down from a profit of 1.4m dinars in the same period last year. Its total comprehensive loss for nine months ending September 30 was 17.2m dinars, down from a profit of 6.4m dinars.
IFA was not immediately available for a comment.
One of its subsidiaries, IFA Hotels and Resorts, had a joint venture with Nakheel on the Palm Golden Mile development. On Sunday, IFA announced it had entered an agreement with the Dubai master developer for the sale of unsold office, retail and residential space at the complex.
In a filing to the Dubai Financial Market on Sunday, IFA said it had 50.7m dinars worth of investment properties in the UAE and had 131.6m dinars worth of property under development in Dubai at the end of September.
The parent company trades in local and international securities and is involved in portfolios management, among other operations.
The National
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| OSOUL | 250.00 | 5.00 (2.04 |
| BAYANINV | 72.90 | 3.90 (5.65 |
| GFC | 222.00 | -17.00 (-7.12 |
| KINGDOM | 7.98 | -0.15 (-1.85 |
| TADAWULGROUP | 207.70 | -3.20 (-1.52 |
09/10/2025
Once again, Boubyan Bank reinforces its global, regional and domestic digital banking leadership after being recognized with 4 prestigious awards from Global Finance, as part of its annual awards giv
Kuwait Times
09/10/2025
Guided by its philosophy that sees human capital investment as the foundation of sustainable growth, National Bank of Kuwait successfully concluded its 2025 training program for university students,
Kuwait Times
09/10/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, celebrated the graduation of its second batch of employees from the Top-Up Bachelor of Engineering (BEng) programme in Ele
Trade Arabia
09/10/2025
Fertiglobe, the largest seaborne exporter of urea and ammonia globally and a key nitrogen fertiliser producer in the MENA region, has announced a minimum capital return of $277 million to shareholder
Khaleej Times
09/10/2025
Multiply Group, an Abu Dhabi-based investment holding company, on Wednesday announced that it will acquire a majority position in ISEM, a European leading packaging group, subject to regulatory appro
Khaleej Times
Financial Information Co.
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