ArabianBusiness.com - Middle East Business News
Monday, 23 November 2009 04:23 UAE time

YOUR DIRECTORY /

The Investment Dar Co.

Main Category: Financial Services (Misc.)
City : Safat
Country : Kuwait
Website: www.inv-dar.com


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ALL STORIES LIST


Kuwait bourse warns 25 firms over late Q3 results

Comm Bank of Kuwait, Burgan Bank among firms whose stocks face possible suspension.

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Dar's Bahraini unit extends claims freeze to 2010

Unit in the midst of a debt restructuring extends its standstill agreement to Mar 31, 2010.

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Investment Dar extends talks on restructuring

Troubled Kuwaiti firm extends deadline to deal with banks, investors 'fairly'.

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Investment Dar appoints chief restructuring officer

Kuwait firm, part owner of Aston Martin, makes move after defaulting on $100m debt issue.

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Investment Dar in new deal over restructuring

Kuwaiti company enters 'standstill agreement', appoints restructuring officer.

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Kuwait central bank appoints monitor for Investment Dar

Initiative comes after firm's failure to submit accounts and complaints about its activities.

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Global Investment House slumps to $101m Q2 loss

UPDATE 1: Kuwait firm misses analyst forecast that had been looking for a profit.

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Sukuk defaults seen rising as global slowdown weighs

$1 trillion Islamic finance industry begins to feel the chill of the global downturn.

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RLPC-Saudi loan restructuring to hit Gulf borrowing

Saad, Algosaibi troubles could crimp lending to Saudi, say banking sources.

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Kuwait's KIA to auction stake in Boubyan

UPDATE 1: Sovereign wealth fund looking to offload 20% stake via public auction in July. 

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Kuwait's Global hikes capital amid financial crisis

Generating fee income, rather than conducting fire sales, is major aim as firm restructures.

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Investment Dar files police complaint against CBK

Criminal complaint relates to Dar's right to buy back stake in Boubyan Bank.

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Investment Dar denies bailout talks with Kuwait bank

No negotiations being held with Kuwait's central bank on back of $100m sukuk default.

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Dar gets ratings downgrade

Kuwait-based investment company's foreign currency debt now accorded default status.

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Dar defaults on $100m sukuk

Credit crisis bites for Kuwait-based Aston Martin owner as it fails to meet bondholders' payments.

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Kuwait financial sector 'nearly stable'

Central bank governor says too early to tell whether it has totally overcome impact of global crisis.

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'Worst over' for Kuwaiti banking sector

Q1 profits expected to decline year on year, but improve from losses in prior quarter.

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Investment Dar delays release of 2008 earnings

Kuwait-based Islamic investment firm needs extra time to value assets of subsidiairies.

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Kuwait bourse bans 36 firms from trading

Companies, including major investment firms, penalised for failing to publish their 2008 earnings on time. 

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Aston Martin safe from Kuwaiti owner's asset sale

Investment Dar Co that owns 50% of Aston has plans to sell off 'non-core assets'. 

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Kuwait ruler accepts cabinet resignation

UPDATE 3: Economic stimulus plan under threat as fifth cabinet in two years hands in its resignation.

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Investment Dar may sell assets to meet obligations

Kuwaiti Islamic firm says it may offload assets as its seeks to restructure its debt.

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Investment Dar meets with investors and creditors

Kuwaiti firm holds initial meetings ahead of March 16 plan to restructure debts.

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Kuwait's Dar says still in talks on debt scheduling

Investment Dar denies Monday's newspaper report on finishing debt rejig plans this week.

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Kuwait's Dar to mull debt rescheduling

Owner of luxury carmaker Aston Martin plans to discuss financial rejig with creditors next month.

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Kuwait MPs demand citizen debt write-offs

Kuwait government faces fresh pressure as MPs demand bailout of indebted citizens.

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Moody’s assigns ratings to Bahrain Islamic Bank

Credit ratings agency, Moody's, assigns ratings to an Islamic bank in Bahrain for first time.  

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Kuwaiti banks to merge under rescue package

Details of $5bn rescue plan reveal that banks and investment firms may have to merge.  

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Kuwait's Dar appoints Credit Suisse as advisor

Islamic firm looks at Swiss investment bank for financial consultation.

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CBK cancels deal to buy Boubyan stake

Commercial Bank of Kuwait says it is stepping away from taking shares in bank from Investment Dar.

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Investment Dar studying Aston Martin sale

Kuwaiti investment firm studying offers to sell 10-15% of British luxury carmaker, VP says.

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Exit plan for Aston Martin's Kuwaiti shareholder

Company chairman says that Investment Dar could be planning to offload stake by 2013.

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Aston Martin looks to Gulf to raise $1.9bn

British luxury car maker plans to sell shares in new Middle Eastern company, which might later be listed.

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Kuwait's Dar closes 1st part of $400mn Islamic loan

Three-year $150mn deal for Aston Martin part-owner backed by Saudi, Oman banks.

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The blank canvas

When it comes to dream projects, designing an island has to be pretty high up on the wish list.

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Kuwait's Dar sees full year profit rise despite weak Q2

Half-owner of Aston Martin reports quarterly income of $190.6mn at top of forecasts.

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Kuwait's CBK nears Syrian bank deal

Investment Dar close to finalising deal to sell its 12.5% position in Syria's Cham Bank to CBK.

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Boubyan Bank income surges 40%

Kuwaiti Islamic investment bank posts Q2 earnings of $32.12mn, no reason given for jump in profit.

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Dar denies talks to sell stake in property arm

Kuwait's Investment Dar says not negotiations to sell stake in Oqyana.

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Al-Dar to launch Saudi operations

Arm of Kuwait's Investment Dar to set up real estate, investment firms in Saudi Arabia.

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Oqyana looks to sell 'The World' property

Kuwaiti real estate firm hopes to reach sale deal for Dubai project by end of 2008, managing director says.

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Dar eyes UK Islamic banking unit

Dar Capital to be based in London with capital of up to $197mn, evaluation to be finished by year-end.

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Investment Dar eyes stake sale

Aston Martin owner may sell minority stake after being approached by international banks last year.

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Investment Dar funds Asian expansion

Kuwaiti firm proposes launch of $300mn murabaha facility to target region.

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Investment Dar profit up by a third

Kuwaiti Islamic investor and owner of UK carmaker Aston Martin posts Q3 net income of $441.3mn.

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Investment Dar scraps plane leasing plans

Kuwait's Islamic firm says proposal was discussed but no talks with Airbus or Boeing.

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Investment Dar plans Islamic stock market

Islamic investor applies for permission to open stock market compliant with Muslim law.

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Investment Dar may sell shares to Merrill

Kuwaiti firm considering sale as part of plans to raise its share capital by up to 30%, report says.

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Dar raises Boubyan stake

Kuwait's Investment Dar has raised its stake in Boubyan Bank to almost 20%, bourse says.

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Investment Dar doubles Q2 profit

Kuwaiti holding firm sees profit jump 129%, boosted by sale of stake in Al-Madar Finance and Investment.

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Investment Dar launches Bahrain bank

Lender to focus on offering investment services, but investments must achieve deeper economic goals.

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Investment Dar gets nod for $1bn bank

The Kuwaiti investment firm has received final approval to set up a $1bn Islamic lender in Bahrain.

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Parts of Aston Martin to be sold off

New owners are looking at financing expansion of the luxury carmaker through an Islamic equity partnership.

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Dar plans Airbus finance venture

Investment Dar is in talks with Airbus to create a joint venture to finance aircraft purchases.

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Investment Dar to sell Madar stake

Investment Dar will sell its majority stake in al Madar to Stehwaz Holding for $344mn.

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Investment Dar to sell al-Madar

Islamic investment firm will sell the stake to Kuwaiti rival Stehwaz, claims newspaper.

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Investment Dar stake in Boubyan Bank cleared

The Kuwait Islamic investment firm said it has won central bank approval to buy up to 20% of Boubyan Bank.

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Kuwait becoming Islamic finance heavyweight

The country is taking steps to bolster its local sharia-compliant institutions.

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Investment Dar: Drive another day

Each week Arabian Business turns the spotlight on a leading company.

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Bids for Dar's Aston Martin stake

Unidentified suitors bid for Kuwaiti investment company's 50% stake in luxury carmaker.

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Revealed: Gulf's most admired companies

Arabian Business has published its '50 Most Admired' list of regional companies.

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Kuwait's Dar close to UK deal

Investment Dar is being tipped to make a major UK acquisition within the next two weeks.

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Kuwaiti companies buy Aston Martin

The sports car manufacturer was sold to a group of investment companies in Kuwait at a $925 million price tag.

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Harrods still on Kuwait's radar

Investment Dar has "not ruled out" a bid for the exclusive London department store.

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Islamic Bond

Aston Martin has languished in the financial doldrums for decades and gone bust seven times, never truly living up to the potential of its incredible cars. Two Kuwaiti businessmen, however, may have at last discovered the secret the Warwickshire company has been longing for. James Bennett reports.

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Reinventing the Aston

Seven years ago, Aston Martin was heading for bankruptcy until Dr Ulrich Bez turned its fortunes around full circle. The boss has been retained to run the company under Investment Dar. Will he fit in? Anil Bhoyrul finds out.

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Kuwait's Dar confirms Aston Martin stake

Investment Dar said today that it has bought 50% of the British luxury car maker.

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Kuwait firms agree Aston Martin stake

Investment Dar and Adeem Investment Co. will give more information on the deal on Monday.

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Kuwait's Dar in Aston Martin stake talks

Investment Dar is leading a group of companies to buy a $772.6m stake in the carmaker.

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Trading halted in Kuwait Dar's shares

Reports suggest a deal to buy a stake in the UK's Aston Martin could be pending.

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Gitex 2009