Ithmaar Holding BSC (ITHMR)

Mubasher: Ithmaar Holding, listed on Bahrain Bourse as well, turned to net losses attributable to the owners of $38.38 million in 2022, against net profits worth $38.60 million in 2021. Total income dropped to $363.61 million last year from …

Mubasher: Ithmaar Holding, listed as well on Bahrain Bourse, posted a drop in net profit attributable to the shareholders to $1.30 million in the first nine months (9M) of 2022, versus $1.47 million in 9M-21. The total income widened to $302.48 …

Mubasher: Ithmaar Holding, listed on Bahrain Bourse as well as Dubai Financial Market (DFM), logged net profits attributable to the equityholders worth $9.07 million in the first half (H1) of 2022, an annual leap of 127% from $4 million. The total …

Mubasher: The net profits attributable to the equity holders of Ithmaar Holding retreated by 87.2% to $1.13 million in the first quarter (Q1) of 2022, compared to $8.86 million in the same quarter of 2021, according to the company's interim …

Mubasher: Al Salam Bank – Bahrain has signed a Memorandum of Understanding (MoU) to start discussions with Ithmaar Holding for a potential acquisition of a group of assets from Ithmaar. The potential acquisition will be subject to the completion …

Mubasher: The sale of certain assets in Bahrain-based Ithmaar Holding to Bank of Bahrain and Kuwait (BBK) has been cancelled, as both parties have not reached amicable terms and conditions. Following preliminary due diligence and discussions, …

Mubasher: Bahrain-based Ithmaar Holding reported net profits attributable to the equity holders of $8.861 million during the first quarter (Q1) of 2021, against net losses of $22.584 million in the year-ago period, according to the company's …

Mubasher: The consolidated financial results of the Bahrain-based Ithmaar Holding has registered $41.719 million in net losses attributable to the equity holders in 2020, versus $669,000 net profits in 2019. The net losses are attributed to the …

Mubasher: The Bahrain-based Ithmaar Holding has reached an agreement with Naseej to establish a BHD 40 million residential project in the northern governorate area of Barbar. Spanning over around 150,000 square metres, the project will include 100 …

Mubasher: Ithmaar Holding, the parent of Ithmaar Bank, has appointed KPMG Bahrain as a financial advisor and Hassan Al Radhi and associates as legal advisors as part of the plans of Bahrain and Kuwait Bank (BBK) to acquire the bank's operations in …

Mubasher: The Bahrain-based Ithmaar Holding has incurred net losses attributable to the equity holders of $3.29 million during the nine months of 2020, against net profits of $12.04 million in the prior-year period. The losses are driven by the …

Mubasher: Bahrain and Kuwait Bank (BBK) has inked a Memorandum of Understanding (MoU) with Ithmaar Holding, the parent of Ithmaar Bank, for a potential acquisition of Ithmaar Bank’s Bahrain operations. Under the MoU, the BBK would also …

Mubasher: The Capital Markets Authority (CMA) has decided to delist Ithmaar Holding from Boursa Kuwait, according to the company's disclosure to Boursa Kuwait on Thursday. During a meeting held on Wednesday, 9 September, the CMA has rejected …

Mubasher: The Bahrain-based Ithmaar Holding, listed on the Dubai Financial Market (DFM), Boursa Kuwait, and Bahrain Bourse, has held initial talks about the plan of Bank of Bahrain and Kuwait (BBK) to acquire its wholly-owned subsidiary, Ithmaar …

Mubasher: The Bahrain-based Ithmaar Holding reported net losses attributable to the equity holders of $1.29 million during the first half (H1) of 2020, against net profits of $8.37 million in the same period of 2019. The basic and diluted losses …

Mubasher: The Bahrain-based Ithmaar Holding logged a net profit attributable to equity holders worth $669,000 for the fiscal year ended 31 December 2019, versus a net loss of $23.98 million in 2018. Earnings per share (EPS) stood at 0.02 cents …

Mubasher: The financial statements of the Bahrain-based Ithmaar Holding showed a net profit attributed to shareholders worth $3.68 million over the third quarter (Q3) of 2019, against a loss of $2.12 million in the same quarter in 2018. The …

Mubasher: Boursa Kuwait announced that it has suspended trading on the stocks of Tamkeen Holding Co and Ream Real Estate Co as they had not submitted the financial statements for the period ended on 30 June 2019. Moreover, Ithmaar Holding and …

Mubasher: Bahrain-based Ithmaar Holding on Sunday announced that its shareholders approved plans to voluntarily delist the company’s shares from Boursa Kuwait. The company will remain listed on the Bahrain Bourse, Dubai Financial Market (DFM), …

Mubasher: Boursa Kuwait announced that it has suspended the trading activity of three listed-companies for various reasons. On Sunday, Boursa Kuwait stated on its official website that it has suspended Al Kout Industrial Projects’ stock from …

Mubasher: Ithmaar Holding, a Bahrain-based holding company, has reported a 20.4% year-on-year growth in its net profits for the first half of 2019. Net profit reached $13.03 million during the six-month period ended 30 June 2019, versus $10.82 …

Mubasher: Ithmaar Holding, listed on the Bahrain Bourse, Boursa Kuwait, and the Dubai Financial Market (DFM), on Sunday announced that its board of directors has recommended delisting from Boursa Kuwait. The board considers the optional write-off …

Mubasher: Ithmaar Holding, listed on the Bahrain Bourse, Boursa Kuwait, and the Dubai Financial Market (DFM), announced that its wholly-owned subsidiary IB Capital has acquired additional shares in Solidarity Group Holding, listed on the Bahrain …

Mubasher: Ithmaar Holding has achieved a surge of 329% in profits attributed to shareholders during the first quarter of 2019 compared to the same period a year ago. Profits to shareholders grew to $7.106 million in Q1-19 from $1.655 million in …

Mubasher: Ithmaar Holding plans to increase its capital by $300 million during the second half of 2019, according to a recent bourse statement. The board members of Ithmaar, listed on Boursa Kuwait, the Bahrain Bourse (BHB), and the Dubai …