GulfBase Live Support
Leave a message and our representative will contact you soon
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 |
|---|---|---|
| KINGDOM | 7.87 | 0.13 (1.67 |
| TADAWULGROUP | 165.70 | 1.70 (1.03 |
| BOURSA | 3,810.00 | 18.00 (0.47 |
| NIND | 291.00 | 2.00 (0.69 |
| GFH.KW | 182.00 | 1.00 (0.55 |
23/01/2026
As part of its commitment to actively taking part in raising awareness and promoting financial inclusion and culture among all society segments, National Bank of Kuwait continues to support the banki
Kuwait Times
23/01/2026
AlRayan Bank released yesterday its consolidated financial statements for the year ended December 31, 2025 with net profit attributable to the equity holders of the bank of QR1,530m.
The res
The Peninsula
23/01/2026
Oman Agriculture Development Company today opened Nizwa Dates Industrial Complex. This strategic project serves as an example of investments that generate direct economic value and social impact and
Times of Oman
23/01/2026
Global oil ?glut predictions are seriously exaggerated ?as demand growth ?remains strong and global oil stocks are ?depleted, Amin Nasser, chief executive ?of Aramco, the world's biggest ?oil produce
Reuters
23/01/2026
Kuwait Airways said on Thursday it will launch 11 new destinations for its summer 2026 season, including Alexandria, Zurich, Mykonos, Malaga, Sharm El Sheikh, Salalah, Antalya, Trabzon, Sarajevo, Vie
Gulfnews