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26/09/2017 06:06 AST
Investcorp, a leading provider and manager of alternative investment products, today announced that its US.-based real estate arm has invested in six multifamily properties in Florida and Arizona, for a total purchase price of approximately $350m. The properties are located in key growth markets with strong fundamentals in the multifamily space.
Johannes Glas, Managing Director at Investcorp in Qatar, said: “Real estate investments continue to be a key pillar of our investment strategy. We believe that these newly acquired properties benefit from positive socioeconomic factors and sound business infrastructure in the areas.”
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Bahrain-based Investcorp, a leader in alternative investment, said that its portfolio company Calligo, a global end-to-end managed data services provider, has acquired Itomic Voice & Data, a Cork and
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Investcorp, a global provider and manager of alternative investment products, reported an aggregate net income of $125 million for the year ended June 30, 2018 (FY 2018), an increase of 4% year-on-ye
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06/08/2020
Bahrain’s Investcorp slipped into a $165 million loss for the 12 months ended June 30, against profits of $131 million a year ago.
The COVID-19 played its part in the loss, as fee income c
Gulf News
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Aramex, a leading provider of logistics and transportation solutions, has registered a 4 per cent growth in its revenues for the second quarter which surged to hit AED1.32 billion ($359 million), com
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First Abu Dhabi Bank (FAB), recently announced the issuance of the largest-ever Chinese Yuan (CNH) denominated dual-listed Formosa bond globally, with a CNH 3.25 billion five-year issuance.
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UAE's leading telecom services operator Etisalat Group has announced that the interim dividend of 15 fils per share for the second quarter will be paid out starting from August 11 through the First A
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