whoweare
history
vision
strategy

Our Story

1974
1987
2002
2003
2006
2008
2009
2010

1974

The Establishment

International Financial Advisors K.P.S.C.(IFA) is a Kuwaiti public shareholding company incorporated by the Kuwaiti government on 31 January 1974, as a government-owned investment company. IFA was initially 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 500,000 Kuwaiti Dinars.

1987

The Listing

Our company was listed on the Kuwait Stock Exchange on 9 September 1987 and on Dubai Financial Market on 10 September 2005. (Ticker: IFA)

2002

Al Bahar Group take over

In May 2002, IFA was acquired by Al Bahar Group; a Consortium of listed and non-listed companies covering a wide range of sectors induding Financial Services, Real Estate, Consumer Finance and Leasing, Investment, Services, Insurance and Leisure.

2003

Our Team

Our team of specialists is our most prized asset and represent a major part of our success. With over 150 years of combined expertise; our beam is specifically skilled in the development and delivery of our targeted strategy and they all share a firm commitment to our vision and mission.

2006

Spin off and IPO of IFA HR

Our investment strategy was asserted in the successful listing of our subsidiary IFA Hotels and Resorts on the Kuwait Stock Exchange in January 2006, with a market capitalization of over US$ 1 billion. The company also listed on the South African JSE Limited (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. (Ticker: IFA HR)

2008

Strategic Alliances

In our pursuit of success, we have formed several key strategic alliances with local and international entities in order to foster and expand our activities and identify future value-added opportunities around the globe.

2009

Financial Position

Since its acquisition by the Al Bahar Consortium, IFA has experienced significant growth, with consolidated shareholders’ equity increasing from approximately KD 18 million in 2002 to approximately KO 174 million in 2009 and consolidated assets increasing from approximately KB 61 million in 2002 to approximately KO 622 million in 2009. While delivering an impressive return to our investors.

2010

Global Reach

With our objective of making IFA one of the leading investments companies in the financial services industry; our operations, Investments and projects are spread through various regions such as the GCC, MENA, South Africa, Asia, Europe and the USA.