Registered with the United Nations Secretariat, the IIB
focuses on promoting social and economic development, prosperity, and economic cooperation between its member states.
statement said that the agreement between the IIB
chief executive Aabed Al Zeera said SCC opened in March last year, and IIB
retains an active interest in the supervision of its operations.
bed Al-Zeera, IIB
CEO and Board Member said: "We are pleased to announce the second consecutive dividend distribution to IIB
KSA investors after strong performance of EGRC in 2012.
As a natural outcome of the strong operating growth, ARTES has delivered steady dividends over the last three years," said IIB
chief executive officer Aabed Al Zeera.
also has a EUR200m eurobond issue that is due in 2013.
Extensive training programmes are also being provided by IIB
and Ernst & Young - Bahrain to the executive management of AmrahBank.
was incorporated in Bahrain in October 2003 as an Islamic investment bank, with an authorized capital of $200 million and a paid up capital of $43 million.
is the largest organization of its type in the world with more than 4,500 accredited associates.
During this phase, the IBRD has reviewed IIBs
governance system and prepared recommendations in relation to the transition from a 2-tier to a 3-tier governing structure introducing a Board of Governors, a Board of Directors and a Management Board that the IIB
will undergo under its new statutory documents.
The aircraft, which was purchased by IIB
in a sale and leaseback transaction earlier this year, is on lease to a leading regional airline on a non-cancellable basis for a period of nine years, and has recently been sold to an international buyer.
Much has happened in the 10 years since IIB