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19 July 02:47 PM

Ithmaar Holding BSC (ITHMR)

Last update: 18 July 02:56 PM market time.
0.21
0.00
0.94%
Open 0.21
Previous Close 0.21
High 0.22
Low 0.21
Stock Statistics
Volume 13,037,225
Turnover 2,815,026.16
All data are 15 minutes late during market session

News

Photo Archive
18 May 07:56 AM Ithmaar Holding records drop in quarterly results; accumulate losses cross $827.5m in Q1-25
Mubasher: Ithmaar Holding, listed on the Bahrain Bourse as well, posted lower net profits at $7.41 million in the first quarter (Q1) of 2025, compared to $15.92 million in Q1-24. Total income reached $181.97 million in Q1-25, down from $237.48 …
Financial Results
Photo Archive
16 February 09:24 PM Dual-listed Ithmaar Holding’s profits near $124m in 2024
Mubasher: Ithmaar Holding recorded net profits valued at $123.74 million in 2024, compared to $49.04 million in 2023, according to the initial financial results. Listed on Bahrain Bourse as well, the group registered a total income amounting to …
Financial Results
Photo Archive
14 November 2024 03:44 PM Ithmaar Holding’s profits leap in 9M-24; accumulated losses cross $837.5m
Mubasher: Ithmaar Holding, listed on Bahrain Bourse as well, posted higher net profits at $22.34 million in the first nine months (9M) of 2024, compared to $12.86 million in 9M-23. The total income recorded a year-on-year (YoY) leap to $693.74 …
Financial Results
Photo Archive
14 August 2024 11:33 AM Ithmaar Holding’s profits hike in H1-24; accumulated losses hit 110% of capital
Mubasher: The net profits of Ithmaar Holding, which is listed on Bahrain Bourse as well, increased to $18.48 million in the first half (H1) of 2024 from $4.35 million in H1-23. The company posted a total income amounting to $473.97 million in …
Financial Results
Photo Archive
12 June 2024 08:40 AM Ithmaar Holding appoints new CEO
Mubasher: Ithmaar Holding, which is listed on Bahrain Bourse as well, has selected Maysan Faisal Almaskati as CEO for the company and its two subsidiaries; Ithmaar Bank and IB Capital. Before assuming the new position, Almaskati served as Ithmaar …
Banking and Finance
Photo Archive
15 May 2024 02:06 PM Ithmaar Holding shifts to profits in Q1-24; accumulated losses near 69% of capital
Mubasher: Ithmaar Holding, which is listed on Bahrain Bourse as well, generated net profits attributable to the owners amounting to $6.84 million in the first quarter (Q1) of 2024. The recorded net profits were against net losses worth $3 million …
Financial Results
Photo Archive
15 April 2024 10:04 AM GFH seeks to acquire Ithmaar Holding’s portfolios
Mubasher: GFH Financial Group announced plans to acquire the financing and investment portfolios of Ithmaar Holding, according to a bourse disclosure. GFH highlighted that discussions are in progress to finalise the transaction structure, which is …
Companies Investments
Photo Archive
14 March 2024 03:30 PM Ithmaar Holding’s CEO Taleb resigns
Mubasher: Ithmaar Holding, which is listed on Bahrain Bourse as well, has announced the resignation of its CEO, Abdulla Abdulaziz Taleb, according to a bourse filing. Taleb, who will officially leave the company on 14 April 2024, also resigned …
Management Decisions
Photo Archive
18 February 2024 02:11 PM Dual-listed Ithmaar Holding turns profitable in 2023, unveils accumulated losses
Mubasher: Ithmaar Holding, which is listed on both Dubai Financial Market (DFM) and Bahrain Bourse, shifted to net profits worth $13.35 million in 2023 from net losses of $20.96 million in 2022. Meanwhile, the company reported $9.31 million worth …
Financial Results
Photo Archive
14 November 2023 01:29 PM Ithmaar Holding records drop in 9M-23 results; accumulated losses hit 110% of capital
Mubasher: Ithmaar Holding, which is also listed on Bahrain Bourse, turned to net losses attributable to the shareholders worth $4.48 million in the first nine months (9M) of 2023. The negative results were incurred against net profits valued at …
Financial Results
Photo Archive
7 June 2023 09:24 AM Ithmaar Holding unveils Q1-23 results, accumulated losses, capital boost plans
Mubasher: Ithmaar Holding, listed on Bahrain Bourse as well, shifted to net losses attributable to the shareholders worth $3 million in the first quarter (Q1) of 2023. The incurred losses were against net profits amounting to $1.13 million in …
Management Decisions
Photo Archive
21 February 2023 11:37 AM Ithmaar Holding shifts to nearly $38.5m losses in 2022; accumulated losses unveiled
Mubasher: Ithmaar Holding, listed on Bahrain Bourse as well, turned to net losses attributable to the owners of $38.38 million in 2022, against net profits worth $38.60 million in 2021. Total income dropped to $363.61 million last year from …
Financial Results
Photo Archive
14 November 2022 02:35 PM Ithmaar Holding’s profits down in 9M-22; accumulated losses hit 105% of capital
Mubasher: Ithmaar Holding, listed as well on Bahrain Bourse, posted a drop in net profit attributable to the shareholders to $1.30 million in the first nine months (9M) of 2022, versus $1.47 million in 9M-21. The total income widened to $302.48 …
Financial Results
Photo Archive
30 August 2022 00:07 AM Ithmaar Holding posts 127% higher profits in H1-22; accumulated losses unveiled
Mubasher: Ithmaar Holding, listed on Bahrain Bourse as well as Dubai Financial Market (DFM), logged net profits attributable to the equityholders worth $9.07 million in the first half (H1) of 2022, an annual leap of 127% from $4 million. The total …
Financial Results
Photo Archive
17 May 2022 09:45 AM Ithmaar Holding's profits down 87% in Q1-22
Mubasher: The net profits attributable to the equity holders of Ithmaar Holding retreated by 87.2% to $1.13 million in the first quarter (Q1) of 2022, compared to $8.86 million in the same quarter of 2021, according to the company's interim …
Financial Results
The potential acquisition will be subject to necessary consents
4 October 2021 09:46 AM Al Salam Bank – Bahrain inks MoU on potential acquisition of assets from Ithmaar
Mubasher: Al Salam Bank – Bahrain has signed a Memorandum of Understanding (MoU) to start discussions with Ithmaar Holding for a potential acquisition of a group of assets from Ithmaar. The potential acquisition will be subject to the completion …
Companies Investments
Ithmaar Holding and BBK have not agreed on terms and conditions
6 July 2021 11:38 AM Ithmaar Holding's asset sale to BBK cancelled
Mubasher: The sale of certain assets in Bahrain-based Ithmaar Holding to Bank of Bahrain and Kuwait (BBK) has been cancelled, as both parties have not reached amicable terms and conditions. Following preliminary due diligence and discussions, …
Banking and Finance
The company's total income decreased to $111.949 million
17 May 2021 09:34 AM Ithmaar Holding turns to profitability in Q1-21
Mubasher: Bahrain-based Ithmaar Holding reported net profits attributable to the equity holders of $8.861 million during the first quarter (Q1) of 2021, against net losses of $22.584 million in the year-ago period, according to the company's …
Financial Results
The basic and diluted losses per share stood at 1.43 cents last year
21 February 2021 09:59 AM Ithmaar Holding sees $42m net losses in 2020
Mubasher: The consolidated financial results of the Bahrain-based Ithmaar Holding has registered $41.719 million in net losses attributable to the equity holders in 2020, versus $669,000 net profits in 2019. The net losses are attributed to the …
Financial Results
The project will include 100 residential plots
13 January 2021 11:44 AM Ithmaar Holding partners with Naseej to develop BHD 40m residential project
Mubasher: The Bahrain-based Ithmaar Holding has reached an agreement with Naseej to establish a BHD 40 million residential project in the northern governorate area of Barbar. Spanning over around 150,000 square metres, the project will include 100 …
Real estate
Ithmaar Holding has appointed KPMG Bahrain as a financial advisor
14 December 2020 03:52 PM Ithmaar Holding hires financial, legal advisors for BBK's acquisition plan
Mubasher: Ithmaar Holding, the parent of Ithmaar Bank, has appointed KPMG Bahrain as a financial advisor and Hassan Al Radhi and associates as legal advisors as part of the plans of Bahrain and Kuwait Bank (BBK) to acquire the bank's operations in …
Banking and Finance
The company's total income decreased to $370.32m
16 November 2020 09:38 AM Ithmaar Holding turns to losses in 9M
Mubasher: The Bahrain-based Ithmaar Holding has incurred net losses attributable to the equity holders of $3.29 million during the nine months of 2020, against net profits of $12.04 million in the prior-year period. The losses are driven by the …
Financial Results
The BBK would also acquire specific assets of IB Capital,
14 September 2020 03:56 PM BBK, Ithmaar Holding pen acquisition plans agreement
Mubasher: Bahrain and Kuwait Bank (BBK) has inked a Memorandum of Understanding (MoU) with Ithmaar Holding, the parent of Ithmaar Bank, for a potential acquisition of Ithmaar Bank’s Bahrain operations. Under the MoU, the BBK would also …
Mergers and Acquisitions
The authority decided to delist the company from the bourse
10 September 2020 04:06 PM CMA delists Ithmaar Holding from Boursa Kuwait
Mubasher: The Capital Markets Authority (CMA) has decided to delist Ithmaar Holding from Boursa Kuwait, according to the company's disclosure to Boursa Kuwait on Thursday. During a meeting held on Wednesday, 9 September, the CMA has rejected …
Management Decisions
The acquisition is subject to the approvals of shareholders
26 August 2020 03:50 PM Bank of Bahrain and Kuwait considers acquiring Ithmaar Bank
Mubasher: The Bahrain-based Ithmaar Holding, listed on the Dubai Financial Market (DFM), Boursa Kuwait, and Bahrain Bourse, has held initial talks about the plan of Bank of Bahrain and Kuwait (BBK) to acquire its wholly-owned subsidiary, Ithmaar …
Mergers and Acquisitions