Al Imtiaz Investment Group (ALIMTIAZ) News - Mubasher Info
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24 July 10:49 AM

Al Imtiaz Investment Group (ALIMTIAZ`R)

Last update: 30 April 12:41 PM market time.
30.00
-13.80
-31.51%
Open 41.70
Previous Close 43.80
High 41.70
Low 29.60
Stock Statistics
Volume 186,331,974
Turnover 6,321,738.67
All data are 15 minutes late during market session

News

The ratings and outlook reflect the satisfactory level of debt
1 July 2020 04:10 PM CI affirms Al Imtiaz's long-term credit rating at 'BBB'; outlook stable
Mubasher: Capital Intelligence (CI) has affirmed the long-term and short-term credit ratings of Al Imtiaz Investment Group at 'BBB' and 'A3', respectively, and lowered its outlook from Positive to Stable. The 'Stable' outlook shows that the …
Ratings
Al Imtiaz Investment's headquarters in Kuwait
3 May 2020 11:03 AM Al Imtiaz expects lower profit from subsidiary due to COVID-19
Mubasher: A subsidiary of Al Imtiaz Investment Group announced the postponement of dividends distribution for some collective investment systems until further notice. The decision is due to the current coronavirus (COVID-19) crisis that impacted …
Cash Dividends
The subsidiary is expected to achieve margin net profits
28 April 2020 01:27 PM Al Imtiaz Investment's unit wins KWD 5.4m ministry tender
Mubasher: A subsidiary of Al Imtiaz Investment Group, in which it owns a 50.69% stake, was granted a 30-month tender worth KWD 5.4 million ($17.4 million) by Kuwait's Ministry of Electricity and Water. Under the tender, the subsidiary …
Companies Investments
The decision is due to the coronavirus outbreak
7 April 2020 04:03 PM Al Imtiaz Investment, Oula Fuel cancel FY19 dividends
Mubasher: The board of Al Imtiaz Investment Group decided to cancel its proposed dividend distribution of 10 fils per share or 10% of the share’s nominal value for the fiscal year (FY) 2019 due to the coronavirus (COVID-19) implications on the …
Cash Dividends
The period of the deal is 30 months
2 April 2020 02:39 PM Al Imtiaz Investment’s unit pens KWD 17.6m deal
Mubasher: A subsidiary of Al Imtiaz Investment Group has signed a 30-month deal valued at KWD 17.62 million with Kuwait's Ministry of Electricity and Water for the construction, completion, and maintenance of four main fresh water lines in South …
Companies Investments
The 18-month tender involves construction and maintenance of roads and services
5 March 2020 00:40 PM Al Imtiaz Investment’s unit wins KWD 10m tender
Mubasher: A subsidiary of Al Imtiaz Investment Group has been awarded a tender by the Central Agency for Public Tenders (CAPT) for a project by the Ministry of Public Works (MPW) involving the construction and maintenance of roads and services in …
Companies Investments
The associate may realise cash returns of 25.64% annually
24 February 2020 10:05 AM Al Imtiaz Investment’s unit invests in $5m asset in US
Mubasher: A subsidiary of Al Imtiaz Investment Group has invested in a property valued at $4.88 million (KWD 1.48 million) in the US.   The investment is an office building situated in California’s Roseville city, according to a filing to Boursa …
Companies Investments
Dimah Capital contributed $1.2m in the said deal
9 February 2020 03:43 PM Al Imtiaz Investment comments on 'unit buying $61.2m asset in US' news
Mubasher: Al Imtiaz Investment Group on Sunday issued a clarification regarding the news claiming that Dimah Capital Investment Company, a 67.76% owned subsidiary, has purchased Axalta Coating System’s office and research building in South …
Companies Investments
The deal will be matured after 30 months
9 February 2020 01:43 PM Al Imtiaz Investment’s unit wins KWD 18m deal in South Mutlla City
Mubasher: A subsidiary of Al Imtiaz Investment Group was awarded a KWD 17.62 million tender deal by the Central Agency for Public Tenders related to the construction, completion, and maintenance of four main fresh water lines in South Mutlla City …
Companies Investments
The contract carries a maturity period of 12 months
4 February 2020 00:14 PM Al Imtiaz Investment’s unit inks KWD 10.8m deal for low-income housing project
Mubasher: Al Imtiaz Investment Group on Tuesday announced that one of its subsidiaries signed a subcontract to carry out the asphalt works of the main roads related to the low-income housing project of Kuwait’s Public Authority for Housing Welfare …
Companies Investments
The company suffered a loss of KWD 5.1 million in Q4-19
23 January 2020 09:35 AM Al Imtiaz Investment records KWD 19.7m profit in 2019; dividends proposed
Mubasher: The profits of Al Imtiaz Investment Group slid by 1.5% year-on-year (YoY) during the fiscal year ended on 31 December 2019 to reach KWD 19.72 million ($65.07 million) when compared to KWD 20.02 million ($66.08 million). The lower annual …
Real estate
Dimah Capital manages $900 million in total assets
4 December 2019 11:08 AM Al Imtiaz Investment's Dimah Capital manages $900m assets
Mubasher: Dimah Capital Investment, a subsidiary of Al Imtiaz Investment Group, is currently managing $900 million in total assets, the Kuwaiti asset manager’s deputy chairman Hossam Naser al Mozayel said. A substantial portion of Dimah’s …
Companies Investments
The deal involves providing services for KNPC’s Clean Fuels Project
24 November 2019 00:49 PM Al Imtiaz Investment’s unit wins KWD 3.9m tender with KNPC
Mubasher: Al Imtiaz Investment Group announced that its subsidiary has been awarded a two-year tender contract worth KWD 3.92 million by the Kuwait National Petroleum Company (KNPC). The deal involves the preparation works required before and …
Companies Investments
The two-year contract involves service works for an environmental fuel project
7 November 2019 05:13 PM Al Imtiaz subsidiary awarded KWD 3.9 million contract
Mubasher: Al Imtiaz Investment Group announced that one of its subsidiaries was awarded a KWD 3.92 million tender by the Kuwait National Petroleum Company (KNPC). The two-year contract involves service works for the environmental fuel project in …
Companies Investments
The contract carries a maturity period of five years
31 October 2019 03:58 PM Al Imtiaz Investment’s unit seals KWD 11.5m contract for Wafra oil field
Mubasher: Al Imtiaz Investment Group stated that its 50.69% owned subsidiary, has signed the contract covering the import of main and secondary heavy equipment for Kuwait Gulf Oil Company at a total value of KWD 11.497 million. The contract will …
Company News
The rating also reflects the group’s diversified activities
27 October 2019 00:51 PM CI affirms Al Imtiaz Investment’s ratings
Mubasher: Capital Intelligence (CI) has affirmed the long-term foreign currency rating (LT FCR) of Al Imtiaz Investment Group at ‘BBB’, with a ‘Positive’ outlook. The group’s short-term foreign currency rating (ST FCR) was affirmed at 'A3', …
Company News
Earnings per share increased by 47.3% to 24.14 fils
23 October 2019 03:58 PM Al Imtiaz Investment’s Q3 profit retreat to KWD 1.4m
Mubasher:  Al Imtiaz Investment Group’s profit plunged by 70% year-on-year during the third quarter of 2019, accoring to the firm's financial statements. The company’s profit tumbled to KWD 1.431 million in Q3-19 when compared to KWD 4.766 million …
Company News
The tender works will be carried out in Wafra oil field
23 October 2019 01:26 PM Al Imtiaz Investment’s unit wins KWD 11.5m tender for Wafra oil field
Mubasher: Al Imtiaz Investment Group announced that its 50.69% owned subsidiary won a tender that will cover the import of main and secondary heavy equipment for Kuwait Gulf Oil Company. The five-year tender is valued at KWD 11.49 million, …
Company News
Al Imtiaz Investment will appeal against the decision
17 October 2019 00:50 PM Kuwaiti court obliges Al Imtiaz Investment to pay KWD 4m to KFH
Mubasher: Kuwait's Court of Appeal has issued a ruling in favour of Kuwait Finance House (KFH) against Al Imtiaz Investment Group regarding a financial claim worth KWD 4.147 million. The court obliged Danat Al Khor Holding Co to pay KWD 4.147 …
Law
The subsidiary is expected to register a profit margin ranging from 2% to 4%
3 October 2019 00:28 PM Al Imtiaz Investment’s unit wins lowest bids in KWD 17.6m tender
Mubasher: Al Imtiaz Investment Group disclosed that a 50.69%-owned subsidiary was awarded the lowest bids for a tender offered by the electricity and water ministry, upon the announcement of the Central Agency for Public Tenders (CAPT). The …
Company News
The subsidiary is expected to achieve a profit margin of 2% to 4% of the contract value
1 September 2019 03:42 PM Al Imtiaz Investment unit wins KWD 8m contract from KGOC
Mubasher: Al Imtiaz Investment Group announced that one of its units has won a KWD 7.63 million contract from Kuwait Gulf Oil Company (KGOC). Under the five-year contract, the unit will provide mechanical maintenance services for the joint …
Companies Investments
The company’s profit hiked 90% in 6M
18 July 2019 03:48 PM Al Imtiaz Investment catapults in Q2
Mubasher: Al Imtiaz Investment Group’s profit surged 246.8% year-on-year during the second quarter of 2019, recording KWD 22.37 million ($73.7 million). The company’s profit hiked 90% to KWD 23.37 million in the first six months of 2019, compared …
Financial Results
Al Imtiaz posted a decline of 82.9% in profits to KWD 1 million
25 June 2019 05:22 PM Al Imtiaz Investment likely to record 79% leap in H1 profits – Analyst
By: Mohamed Farouk Mubasher: Al Imtiaz Investment Group is forecast to achieve a surge of 79% in profits during the first half of 2019 compared to the same six months last year, Ahmed Jassim Al Qamr told Mubasher. Earnings of Al Imtiaz are …
Financial Results
Al Imtiaz expects a profit margin up to 4% of the contract’s value
24 June 2019 03:06 PM Al Imtiaz Investment’s unit wins KWD 10m deal from KGOC
Mubasher: Al Imtiaz Investment Group announced that a subsidiary, owned by 50369%, was awarded a four-year contract from Kuwait Gulf Oil Company (KGOC). The value of this contract stands at KWD 9.59 million to cover services and maintenance works …
Companies Investments
The 30-month contract is expected to have a profit margin ranging from 2% to 4% of the total value.
3 June 2019 02:07 PM Al Imtiaz’s unit wins KWD 5.4m contract in Shuwaikh Power Plant
Mubasher: Al Imtiaz Investment Group announced that its 50.69%-owned subsidiary has won a KWD 5.39 million contract in Shuwaikh Power Plant, affiliated to the Kuwaiti Ministry of Electricity and Water. The contract’s scope of work also involves …
Company News