IFA Hotels and Resorts (IFAHR`R)

• Stock
• Company Profile
• News
• Announcements
• Fair Values
• Corporate Actions
• Earning Announcements
• News Reports
• Volume Statistics
• Financial Ratios
• IPOs
• Financial Statements
• Support and resistance
• More

News

27 February 2017 09:13 AM IFA unit amends deal; $10.5m gain estimated

Mubasher: International Financial Advisors (IFA) said that its subsidiary IFA Hotels and Resorts has started to negotiate over amending articles in a contract with a current hotel operator. As a result of the amendments, the company will disclose …

Companies Investments

21 November 2016 00:09 PM Kuwait's consumer services sector profits rise 7% in Q3

By: Mohamed Farouk Kuwait – Mubasher: Financial results of 14 companies listed on the Kuwait Stock Exchange's (KSE) consumer services sector showed a combined profit year-on-year growth of 7% in the third quarter of 2016. Profits for the sector …

Financial Results

15 November 2016 02:51 PM IFA Hotels Q3 financials turn profitable

Kuwait – Mubasher: IFA Hotels and Resorts achieved profits worth nearly KWD 90,880 ($298,430) in Q3-16 versus losses of KWD 4.23 million ($13.89 million) in Q3-15. During the first nine months of 2016, the company achieved earnings worth …

Financial Results

24 October 2016 02:27 PM IFA Hotels sells assets worth $17m

Kuwait – Mubasher: IFA Hotels and Resorts Company said Monday that it has concluded a deal to sell assets worth $17 million (KWD 5.2 million), according to a bourse filing. The deal includes selling 51% of IFA Hotels and Resorts-Lebanon’ assets …

Companies Investments

10 October 2016 08:52 AM IFA unit exits AED 39m investment in UAE

Kuwait – Mubasher: International Financial Advisors (IFA) received a notification from IFA Hotels and Resorts that a subsidiary in Dubai has sold a project worth AED 39 million ($10.62 million). The sale deal will generate a profit standing at AED …

Companies Investments

15 August 2016 03:22 PM IFA Hotels and Resorts turn profitable in Q2

Kuwait – Mubasher: IFA Hotels and Resorts achieved profits worth KWD 2.48 million ($8.22 million) in the second quarter of 2016 versus losses of KWD 2.63 million ($8.71 million) in the corresponding period of 2015. Similarly, the company’s …

Financial Results

17 May 2016 01:09 PM ADFG unit arranges debt facility for IFA project

Abu Dhabi-Mubasher: Integrated Alternative Finance, a subsidiary of Abu Dhabi Financial Group (ADFG), arranged a debt facility for the Balqis Residence development, according to a statement. The project is being developed by Kuwait-listed IFA …

Companies Investments

3 April 2016 10:52 AM IFA Hotels & Resorts’ fourth-quarter results turn positive

Kuwait-Mubasher: IFA Hotels and Resorts (IFA HR) posted profits worth KWD 14.12 million ($46.51 million) in the fourth quarter of 2015, against losses worth KWD 18.12 million ($59.68 million) in Q4-14. During the fiscal year 2015, the …

Financial Results

28 March 2016 03:37 PM IFA Hotels’ unit to get profit from stake’s sale deal

Kuwait-Mubasher: IFA Yotel Investments, a subsidiary of IFA Hotels and Resorts, has sold 50% of its 100% stake in Totel Investments Ltd, according to a recent statement. A profit worth KWD 6.56 million resulted from the sale deal, IFA said, noting …

Companies Investments

16 November 2015 09:14 AM IFA Hotels 9M losses marginally shrink

Kuwait-Mubasher: IFA Hotels and Resorts successfully narrowed its losses by 0.8% to KWD 11.71 million ($38.39 million) in the first nine months of 2015, compared to KWD 11.8 million ($38.69 million) in the same period of 2014, according to a …

Financial Results

13 August 2015 02:10 PM Kuwait’s IFA Hotels Q2 losses widen to KWD4.3m

Kuwait – Mubasher: IFA Hotels & Resorts Co. (IFA- HR) logged KWD 4.3 million net loss for the second quarter of 2015, up 9% from KWD 3.9 million reported in the same period a year earlier. Meanwhile, H1 net loss narrowed by 7% year-on-year to KWD …

Financial Results

26 July 2015 00:57 PM IFA eyes staff residencies field

Kuwait – Mubasher: IFA Hotels and Resorts plans to enter the field of staff residential complexes, said a bourse statement on Sunday, which stressed no agreement has been signed. IFA reported KWD 2.15 million in losses for the first quarter of …

Company News

9 July 2015 00:33 PM IFA Hotels' unit secures KWD 17.33m loan

Kuwait – Mubasher: IFA Hotels and Resorts said a subsidiary has obtained a loan of AED 210 million (KWD 17.33 million), according to a bourse statement. IFA will use the loan in meeting the contractors' dues as well as completing its projects, …

Company News

5 July 2015 00:30 PM IFA Hotels OKs dividend freeze, offsetting losses

Written by: Ahmed Awad IFA Hotels and Resorts shareholders approved to withhold dividend and offset accumulated losses. The company's shareholders gave a nod to offset accumulated losses of nearly KWD 28.7 million through using the whole legal …

Corporate Actions

5 July 2015 09:35 AM KSE-listed firms to take key actions Sunday

Investors of two companies listed on Kuwait Stock Exchange will await main decisions on 5 July, as IFA Hotels and Resorts will hold its ordinary general meeting (OGM) to discuss preventing dividends distribution as well as electing new board …

Event

14 May 2015 02:49 PM IFA Hotels Q1 losses shrink 28%

Kuwait – Mubasher: IFA Hotels & Resorts Co. said net losses for the first quarter of 2015 narrowed by 27.6% to KWD 2.15 million ($7.12 million), from KWD 2.97 million ($9.83 million) in the same period last year.The company ascribed the …

Company News

13 April 2015 00:15 PM Morgans Hotel, IFA ink project deal in Dubai

Morgans Hotel Group signed an agreement with IFA Hotels and Resorts to manage the first hotel and resort carrying the brand of Delano in the Middle East region.The resort, which is located on Dubai’s Palm Jumeirah Island, is projected to launch in …

Company News

1 April 2015 09:08 AM IFA Hotels posts losses in FY14

IFA Hotels and Resorts recorded losses worth KWD 29.92 million ($99.4 million) in 2014 against earnings worth KWD 3.20 million ($10.6 million) in 2013.IFA’s losses totaled KWD 18.12 million in Q4-2014, compared to KWD 2.90 million in Q4-2013.The …

Company News

17 March 2015 09:49 AM Subsidiary of Kuwait’s IFA inks large Dubai hotel deal

 Kuwait – Mubasher: IFA Hotels and Resorts announced that its subsidiary Yotel Investments has signed a contract with the UAE’s Dubai Investment Properties to manage a new hotel in the emirate of Dubai.The hotel is part of a large project …

Company News

12 January 2015 02:38 PM NBK's cash dividends payout for 2014 may come at 30% - analyst

Written by: Muhammad Farouk Kuwait - based Abyaar Real Estate Development net profit for the fiscal year ended December 31, 2014 may record the highest growth rate among five Kuwaiti listed companies, said Ahmed Jassim AL qamar, senior direct …

Company News

18 August 2014 09:27 AM Kuwait's IFA says H1 loss came as a result of joint ventures

Kuwait’s International Financial Advisors reported interim financial statments for the first half of ongoing year 2014 ,that reflected significant decline in the company's earning which it attributed to the close of two of its …

Company News

14 August 2014 04:19 PM IFA Hotels swings to earning loss in H1

IFA Hotels and Resorts reported interim financial statements for H1-FY14 which reflected KWD 6.9 million loss, against KWD 179.1 thousands net profit in the same period of preceding year. On other hand, the company's shareholders …

Company News