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Tuesday, 24 November 2009 | 21:42 UAE time

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Innovative Investments

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As of 24 Nov 2009 13:42 GMT (Market Closed)

COMPANY DESCRIPTION

Innovative Investments (INOVEST) is an investment, advisory and property development group, operating in accordance with the principles of Islamic Sharia. INOVEST core business activities comprise real estate investment, project management, property management, and related advisory services.

Since its inception in June 2002, INOVEST has developed from a USD 16 million closed shareholding company to a USD 108.2 million publicly-listed company, with assets and projects under management exceeding USD 3 billion.

Following an Initial Public Offering in 2005, INOVEST was listed on the Bahrain Stock Exchange, and subsequently cross-listed on the Kuwait Stock Exchange. It was the first specialised Sharia-compliant real estate company to be incorporated in the Kingdom of Bahrain. It is also the first and only real estate company to be listed on the Bahrain Stock Exchange.

KEY INFORMATION

Industry

Investment Companies, Landlord and Developers

Address

Floor 10, Seef Tower, 18334, Manama, Bahrain

T

973 17588788

F

973 17587667

E

info@tameer.com

W

www.tameer.com

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 18 June 2002 -

MAJOR SHAREHOLDERS

NameCountry
Dubai Islamic Bank - UAEcompanies7.3UAE
Al Aman Investment CompanycompaniesKuwait
Gulf Investment Housecompanies15.14Kuwait
Al Nafisi Groupcompanies5.27Kuwait

PORTFOLIO

NameCountry
Al Luzi Housing DevelopmentBahrain
Bahrain Investment WharfBahrain
BIW Business Park Development CompanyBahrain
Coldwell Banker - BahrainBahrain
Gulf Real Estate Company - Saudi ArabiaSaudi Arabia
Paramount Port Management and Services CompanyBahrain
Reef Real Estate Finance CompanyBahrain
Tala Property DevelopmentBahrain
HadeedMENAQatar
Adhari Park DevelopmentBahrain
BIW Labour AccomodationBahrain

OFFICERS

BOARD OF DIRECTORSPosition
Samir Yaacoub Al NafisiChairman
Ahmed Rashid Al QattanVice Chairman
Adel Yaqoob Al NafisiBoard Member
Ayman Ahmed KamalBoard Member
Fareed Soud Al FozanBoard Member
Jamal Abdulrahman Al RowaihBoard Member
Faisal Abdulla Al KhuzamBoard Member
Saleh Turkey Al KhamisBoard Member
Talal Khalid Al NisifBoard Member
MANAGEMENTPosition
Ahmed Rashid Al QattanManaging Director
Khaled AbdullahChief Executive Officer
Mohammed Abdullah IssaExecutive Director - Financial Affairs
Majed Abdullah Al KhanExecutive Director - Investments
Laith Al MemarExecutive Director - Property Development Services
Mohammed AbdulkhaliqExecutive Director - Business Development and Administrative Affairs

LATEST FINANCIAL JOBS

  1. Project Finance Manager, Abu Dhabi, UAE
  2. Banks Analyst, Dubai, UAE
  3. Internal Audit Manager, Abu Dhabi, UAE
  4. Market Risk Oficer, Dubai, UAE
  5. Product Manager, Dubai, UAE

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