International Financial Advisors K.S.C.C. (IFA) is a Kuwaiti closed shareholding company incorporated by the Kuwaiti government on 31 January 1974, as a government-owned investment company. IFA was initally established to act as a financial advisor for companies and institutions operating in Kuwait and countries of the Middle East. The company started with a capital of KWD 500,000. The company was listed in the Kuwait Stock Exchange on 9 September 1987 and on Dubai Financial Market on 10 September 2005. In May 2002, IFA was acquired by Al Bahar Group; a consortium of listed and onn-listed companies covering a wide range of sectors including Financial Services, Real Estate, Consumer Finance, and Leasing, Investment, Services, Insurance, and Leisure. Our investment strategy was asserted in the successful listing of our subsidiary IFA Hotels and Resoirts on the Kuwait Stock Exchange in January 2006, with a market capitalization of over USD 1 billion. The company also listed on the South African JSE Litmited (Johannesburg Stock Exchange) during 2006 with plans to list on other major exchanges in the future. IFA Hotels and Resorts became our platform for global expansion; through various investments and projects covering the MENA and GCC regions, the Far East, Europe, and South Africa.

5 Jul 2017