22 Jun 2016
(MENAFN) Qatar’s Mayhoola investment fund is ready to acquire the French luxury fashion ‘Balmain’ for more than USD522mn.
Furthermore, the deal marks the end of months of negotiations between the Qataris and Balmain investors, who include Sanofi co-founder Jean-Francois.
On the other hand, Balmain produced almost USD146.97mn euros in sales in 2015, and enjoyed sales growth of some 25 percent.
In addition, the figure of USD520.05mn would value Balmain almost 14 times earnings before interest, tax, depreciation and amortization.
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
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BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
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BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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