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FINANCIAL NEWS
Bahrain- Investcorp H1 net income grows to USD39.2m
30 Jan 2013
(MENAFN) Investcorp’s Executive Chairman and CEO, Nemir A. Kirdar, stated that the company’s first-half profits grew to USD39.2 million, from USD5.2 million in 2011’s same period, reported Emirates 24/7.
Kirdar said that gross operating income in the 6 months ended December 31 soared by 65 percent, reaching USD152.9 million.
Furthermore, fee income hiked by 80 percent to USD147.6 million, due to the increase in acquisition, realization and placement activities.
In the aforementioned period, new fund-raising reached USD793 million, of which USD204 million was raised in corporate investment deal-by-deal placements, USD73 million in realty through the placement of 2 portfolios, and USD516 million in new hedge funds subscriptions from institutional investors.
It is worth noting that in November 2012; the global provider and manager of alternative investment products issued a USD250 million bond, which attracted investors from different regions and countries, including Europe, the Middle East, Asia and the US.
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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