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Acquiring Aston Martin
TID and its Kuwaiti partner Adeem Investments bought the majority shares of the British cars producing company of Aston Martin from the American company of Ford. TID's shares in Aston Martin reached nearly 50%.
Acquiring Grosvenor House Apartments in London
TID entered the UK markets through acquiring Grosvenor House Apartments on Park Lane in central London via its subsidiary, Park Lane Properties Limited.
Record Listing of TID Sukuk in DIFX
The Investment Dar's Sukuk of 150 million USD was listed in DIFX in a record 45 days time after closing the transaction. This was the first listing of any asset type on the DIFX by the company. The total value of Sukuk was raised to 4.11 billion USD.
Musharakah Sukuk Subscription Raises to USD 100 million
Investment Dar's issuance of Musharaka Sukuk in Collaboration with ABC Islamic Bank in Bahrain was a step in strengthening the great reputation for quality and innovative ability in the Islamic financing sector. This debut issue was extremely successful. The subscription was raised from the initial US$ 50 million to US$ 100 million.
Boosting TID Share in Bahrain Islamic Bank to 40%
TID increased its share in Bahrain Islamic Bank to 40% in another step to boost the company investments in the banking sec. The Investment Dar is also the largest shareholder of Al Cham Islamic Bank in Syria, as well as the Investment Dar Bank in Bahrain
New companies in the Kuwait Stock Exchange Market
TID listed Credit Rating & Collection (CRC) and Al Dar National Real Estate Company each in its sector in the Kuwait Stock Exchange Market, in a step that has proved a positive effect on profitability of The Investment Dar Company and its shareholders.
Investment Dar acquires 40.72% in Wethaq Takaful Insurance Company
The Investment Dar increased its ownership stake in Wethaq Takaful Insurance Company to 40.72% as part of its strategy to add the insurance sector to its comprehensive financial services. A complete growth plan has been formulated in cooperation with Wethaq management to make this partnership even more rewarding.
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