<rss version='2.0'><channel><title>Bayan Investment Co.</title><link>www.bayan.com.kw</link><generator>RSS Generated by www.bayan.com.kw</generator><item><title>Bayan investments earns “Super brand” award 2010</title><link>www.bayan.com.kw/morenews.aspx?id=71</link><pubDate>Sunday, January 31, 2010</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=71</guid><description><![CDATA[ Available in Arabic... ]]></description></item><item><title>Bayan Investment hosts students from the University "Tufts" American</title><link>www.bayan.com.kw/morenews.aspx?id=70</link><pubDate>Tuesday, January 12, 2010</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=70</guid><description><![CDATA[ Available in Arabic... ]]></description></item><item><title>Clarification to all shareholders of Bayan Investment Company</title><link>www.bayan.com.kw/morenews.aspx?id=69</link><pubDate>Wednesday, December 23, 2009</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=69</guid><description><![CDATA[ ... ]]></description></item><item><title>Bayan Invest's response to GHC</title><link>www.bayan.com.kw/morenews.aspx?id=68</link><pubDate>Tuesday, October 06, 2009</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=68</guid><description><![CDATA[ Available In Arabic... ]]></description></item><item><title>Bayan Investment announces financial results for the first half of year 2009</title><link>www.bayan.com.kw/morenews.aspx?id=67</link><pubDate>Monday, August 10, 2009</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=67</guid><description><![CDATA[ Available in Arabic... ]]></description></item><item><title>Bayan Invest's response to GHC</title><link>www.bayan.com.kw/morenews.aspx?id=66</link><pubDate>Tuesday, June 30, 2009</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=66</guid><description><![CDATA[ Available In Arabic... ]]></description></item><item><title>Press release  - Bayan Investment Co.</title><link>www.bayan.com.kw/morenews.aspx?id=65</link><pubDate>Monday, June 22, 2009</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=65</guid><description><![CDATA[ Available In Arabic.... ]]></description></item><item><title>Bayan is a platinum sponsor of the annual charity ceremony for treating children cancer patients in Lebanon</title><link>www.bayan.com.kw/morenews.aspx?id=64</link><pubDate>Friday, May 29, 2009</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=64</guid><description><![CDATA[ Bayan  Investment   Co     announced  its platinum sponsorship to the fifth Gala Dinner of the Children Cancer Center in Lebanon, which was held on Thursday, May 28, 2009 at Kuwait Sheraton Hotel, under the patronage and major partnership of Mr. Faisal Ali Al Mutawa - Chairman and Managing Director - Bayan Investment Company - for the fifth consecutive year, and a generous support of many others. 

The Children's Cancer Center of Lebanon (CCCL), established in Beirut - Lebanon in 2002, is a unique regional center for the comprehensive treatment of pediatric cancer.&nbsp;An affiliate of the Children's Research Hospital in Memphis - Tennessee - United States of America, which was founded in 1962 by &quot;Danny Thomas&quot;, the late entertainer of Lebanese descent.&nbsp;The center works in close association with The American University of Beirut, Medical Center, and is located in its premises.&nbsp;

As CCCL is embarking on its seventh year, more than 600 patients from Lebanon and the Arab Countries including Gulf Countries have been treated or are still undergoing treatment.&nbsp;In addition, CCCL offered and still offering preliminary diagnosis testing freely to hundreds of children from other hospitals, where the average survival rate at the center exceeds 80% and 390 patients have already finished their treatment successfully. 

The importance of the Center lays on paying all the costs of treatment that are not covered by private and public insurance or third party payers, without putting financial burdens on families not covered by insurance or third party payers.

The Marketing &amp; Sales Department at Bayan Investment Company, added, this sponsorship comes among series of contributions and initiatives the company offers within its focus on the corporate social responsibility, and an assurance from Mr. Al-Mutawa on continuing his initiatives to provide the required support for charitable institutions to enhance its humanitarian role in society service. 

Bayan Investment Company wishes all success for the Children's Cancer Center in achieving its moral objectives.... ]]></description></item><item><title>Bayan Profit Distribution</title><link>www.bayan.com.kw/morenews.aspx?id=63</link><pubDate>Thursday, May 07, 2009</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=63</guid><description><![CDATA[ Bayan Profit Distribution 




... ]]></description></item><item><title>Board Member Report for General Assembely</title><link>www.bayan.com.kw/morenews.aspx?id=62</link><pubDate>Wednesday, May 06, 2009</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=62</guid><description><![CDATA[ Available in Arabic.... ]]></description></item><item><title>Reminder of Annaul Ordinary General Assembly </title><link>www.bayan.com.kw/morenews.aspx?id=61</link><pubDate>Monday, April 27, 2009</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=61</guid><description><![CDATA[ &nbsp;Annual &nbsp;Ordinary&nbsp; General Assembly Reminder

... ]]></description></item><item><title>Annual Ordinary General Assembly</title><link>www.bayan.com.kw/morenews.aspx?id=60</link><pubDate>Tuesday, April 21, 2009</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=60</guid><description><![CDATA[ &nbsp;Invitation for Annual&nbsp; Ordinary General Assembly Meeting.

... ]]></description></item><item><title>Bayan Investment announces financial results of year 2008</title><link>www.bayan.com.kw/morenews.aspx?id=59</link><pubDate>Thursday, April 09, 2009</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=59</guid><description><![CDATA[ &nbsp;Bayan&nbsp; Investment&nbsp;Company&nbsp;announced its annual financial results for the year ended 31 December 2008, which showed net profits of KD11.2 million and earning per share valued at 30 Fils, compared to the performance of the last year as the company posted a net profit of KD7.5 million with 20 Fils earning per share, realizing an increase of KD3.7 million at a growth rate of 49.3%. 


Central Bank of Kuwait has approved the Company's financial statements, and the board of directors decided to submit a recommendation to the General Assembly to distribute 10% cash dividends of the share nominal value at 10 Fils per share for the shareholders registered in the company shareholders registry on the date that the General Assembly is held. 

Mr. Faisal Al Mutawa - Chairman and Managing Director of the company &ndash; referred these results to the firm steps the company has gone through the last year to protect its investments and maintain its performance and take the necessary provisions in a try to avoid as much as possible the effects of the grinding economic crisis whilst taking caution and care in managing its local and international investments, in addition to the precise follow-up to the market activity taking into consideration the on going fall-off witnessed, and still witnessing, by the region starting from the beginning of the second half of 2008 and ending with the storming financial crisis blowing the world. 

While Kuwait Stock Exchange has witnessed during 2008 severe fluctuations and several unprecedented incidents that have never seen in its history, where its indices reached record figures in the beginning of the year, soon vanished by the year end with the emergence of the global financial crisis that is unprecedented in size, depth and implications, and has in turn, adversely affected the region&rsquo;s markets as well as the markets of the whole world, and has drifted the global economy towards a recession which may last for an unknown time; Bayan Investment focused on entering prominent and major investments and markets, chief among which is investments in distinctive real estate projects and companies, as well as financial investments in Gulf and Arab countries. In this respect, the Company could realize a firm expansion in GCC markets, and explored new opportunities, in different sectors, in North Africa and Europe which can be an added value to the Company&rsquo;s current investments. 

Within the framework of asset management, and in light of the Company&rsquo;s absolute compliance with providing distinctive and varied investment opportunities; together with the Company&rsquo;s diligent striving to meet the different needs and requirements of its clients and to diversify the investment opportunities available for them, as well as to benefit from the turnover of the local and GCC stock markets, the Company has focused on its investment policy which avoids speculation and whose risks are managed in a studied manner. Moreover, the Company has adopted an integrated methodology to penetrate the different attractive investment channels in order to realize rewarding high revenues for its clients. 

Mr. Al Mutawa added: despite the global financial crisis challenges and its increasing impact on the local and regional economy throughout the last year, he expressed his pride for achieving such results, which is considered a strong evidence on the company's ability to utilize opportunities and to maintain its leadership and clients confidence, and its ability to resist the effects of international markets fluctuations, or any other unfavorable situations. 




... ]]></description></item><item><title>Union of Investment Companies honored Faisal Al Mutawa</title><link>www.bayan.com.kw/morenews.aspx?id=58</link><pubDate>Tuesday, March 31, 2009</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=58</guid><description><![CDATA[ In&nbsp; recognition&nbsp; of his efforts during his membership to the former board of directors of the Union of Investment Companies, the Secretary-General of the Union Prof. Dr. Ramadan Al-Sharrah, and the Director of the Technical Support Office Ms. Fadwa Darwish, visited Mr. Faisal Ali Abdulwahab Al Mutawa, Chairman and Managing Director of Bayan Investment Company, and presented the Union's shield. Mr. Faisal Al-Mutawa, praised the role played by the Union in servicing the investment &amp; financial sector, and wished the new board all success.&nbsp;
            
            
        
        
            
            &nbsp;Note that Mr. Faisal al-Mutawa was unable to attend the ceremony honoring the former members of 18-3-2009 as he was out of the country. 
            
            
        
        
            &nbsp;
        
        
            &nbsp;
        
    
... ]]></description></item><item><title>The Cassation Supports Decisions Abolition of the KSE Former Director against Bayan's Chairman</title><link>www.bayan.com.kw/morenews.aspx?id=57</link><pubDate>Wednesday, February 18, 2009</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=57</guid><description><![CDATA[ &nbsp;An official source in Bayan Investment Company announced that the company was granted a court order issued by the Court of Cassation, supports decisions abolition of the Kuwait Stock Exchange former director and the previous decisions of the Disciplinary Committee and all the consequent effects on Mr. Faisal Ali Al Mutawa &ndash; Chairman of Bayan. 

This order comes in a series of previous orders issued by the fair Kuwaiti judiciary to cancel decisions for the same director, with all its consequences. 

In this regard, Mr. Al-Mutawa praised the integrity and fairness of the Kuwaiti judiciary, which has proved to trust his vision and his rights and confirmed the validity of his position, while he expressed his conviction that the success has a price paid by all those seeking to achieve.... ]]></description></item><item><title>CBA International Conference</title><link>www.bayan.com.kw/morenews.aspx?id=56</link><pubDate>Tuesday, December 16, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=56</guid><description><![CDATA[ Available in Arabic... ]]></description></item><item><title>Bayan  Investment  announces Financial Results for the Third Quarter 2008</title><link>www.bayan.com.kw/morenews.aspx?id=55</link><pubDate>Thursday, November 13, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=55</guid><description><![CDATA[ &nbsp;Bayan Investment&nbsp;&nbsp;announced its interim financial &nbsp; results for the period ended September 30, 2008, which showed net profits of KD26.23 Million and earning per share valued at 71 Fils, compared to the performance of the same period of last year as the company posted a net profit of KD13.56 million with 36 Fils earning per share, realizing an increase of KD12.67 Million with a rate of 93%.&nbsp; 

Mr. Faisal Al Mutawa - Chairman and Managing Director of the company &ndash; referred these results to the firm steps the company has gone through the past months to protect its investments and maintain its performance and take caution and care in managing its local and international portfolios, in addition to the precise follow-up to the market activity taking into consideration the on going fall-off witnessed in the region starting from the beginning of the second half of 2008 and ending with the current global financial crisis. At the local level, distribution and diversification of the local investments, which includes several companies of good operational performance and strong financial position and been acquired long ago, led to reduce the impact of the decline of Kuwait Stock Exchange on the company's financial position. Whereas on the international level, Mr. Al Mutawa stressed that the size of the company's foreign investments is very limited in terms of the company's total assets, and therefore its impact is marginal on the its financial results, which in turn minimized the risk and protected the assets prices of the company, thereby reducing vulnerability to the current financial crisis and strengthening the company's financial position in general. 

Mr. Al Mutawa expressed his pride for achieving such results in a difficult and unprecedented, in size and effects, economic circumstances that the entire world is going through, which is considered a strong evidence on the company's ability to utilize opportunities and to maintain its leadership and clients confidence, and its ability to resist the effects of international markets fluctuations, or any other unfavorable situations.





&nbsp;... ]]></description></item><item><title>(Bayan) Sponsors Sukuk & Investment Funds Exhibition </title><link>www.bayan.com.kw/morenews.aspx?id=54</link><pubDate>Monday, October 20, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=54</guid><description><![CDATA[ Bayan&nbsp;Investment&nbsp;Company&nbsp; announces&nbsp; its sponsorship for Sukuk &amp; Investment Funds Exhibition, which will be held between 26 and 29 October 2008 in the Conferences Centre &ndash; Movenpick Hotel &ndash; Kuwait Free Trade Zone, under the patronage of His Excellency the Minister of Commerce and Industry.

&nbsp;
Mr. Faisal Al-Mutawa - Chairman &amp; Managing Director of Bayan Investment Co. stated that the Sukuk &amp; Investment Funds Exhibition is an opportunity to promote and present our investment products &amp; present new services for the new investors looking forward to enter the stock market world, and to introduce to companies, and individuals the current and future projects featured by the company and its subsidiaries locally and regionally. 





... ]]></description></item><item><title>Bayan Investment  announces  financial results for the first half of year 2008</title><link>www.bayan.com.kw/morenews.aspx?id=53</link><pubDate>Wednesday, November 05, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=53</guid><description><![CDATA[ Bayan Investment&nbsp; announced its results for the first half of 2008 showing a net profit of KD26.1 Million, and earning per share valued at 70 Fils. In this context, Mr. Faisal Al Mutawa &ndash; Chairman &amp; Managing Director of the company - said that these findings translate the company's intention for implementing its expanding strategy in the region with allocating a portion of its resources towards gulf markets.&nbsp;This strategy enabled the company to acquire a number of distinctive opportunities of which results started to realize generating good results for the company's shareholders. 

The beginning of these opportunities was the purchase of real estates, with a distinct site, on Al-Reem Island in Abu Dhabi emirate through Bonyan Real Estate Company (the real estate arm of Bayan Investment), then the capital increase of Dar Al-Dhabi Holding Company to KD100 Million in order to develop these properties and build several distinctive towers (residential - offices - commercial) of high altitudes. The height of two towers will reach 300 meter above sea level and are the highest in type within Najmat Abu Dhabi project and in response to the increasing demand for real estate in the UAE in general and Abu Dhabi emirate in particular. 

According to Mr. Al Mutawa, it is expected that Bayan Investment Company profit growth will continue due to the expansion in its activities and the continuous diversification of its income resources to enhance its presence at the local and regional levels.... ]]></description></item><item><title>Bayan is a Platinum sponsor of the annual charity  ceremony for treating children cancer patients in Lebanon and the Arab Country</title><link>www.bayan.com.kw/morenews.aspx?id=52</link><pubDate>Thursday, June 12, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=52</guid><description><![CDATA[ Available in Arabic.... ]]></description></item><item><title>Bayan Investment successfully covered the Private Placement for the Capital Increase for Dar Al-Dhabi Holding</title><link>www.bayan.com.kw/morenews.aspx?id=51</link><pubDate>Tuesday, June 10, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=51</guid><description><![CDATA[ &nbsp;Faisal A Al Mutawa -Chairman and Managing Director- of Bayan Investment Co &ldquo;the capital increase manager of Dar Al-Dhabi Holding Co&rdquo;, stated that Bayan Investment Co succeeded in managing and marketing the private placement for the capital increase of Dar Al-Dhabi Holding Co from one million Kuwaiti Dinar to hundred million Kuwaiti Dinar, despite the difficulties in this timing, in the praise of Allah and for the great investor confidence in Bayan Investment Co and its management, the private placement was successfully covered exceeding all the expectations.
It worth mention that Dar Al Dhabi Real Estate Co, which Dar Al-Dhabi Holding Co is investing in, when offered the percentage 12% of its products in Cityscape exhibition in Abu Dhabi during the period 13-15 / 5 / 2008, have sold out the full offered amount with prices rate exceeded 40% of the study conservative in the PPM.... ]]></description></item><item><title>Profits Announcement </title><link>www.bayan.com.kw/morenews.aspx?id=50</link><pubDate>Monday, June 02, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=50</guid><description><![CDATA[ &nbsp;Reference to the completion of the capital increase of Dar Al-Dhabi Holding Company &quot; DAD Holding Co. &quot; from KD1,000,000 to KD100,000,000, Bayan Investment Company is pleased to announce that a profit of KD 3,150,000 (Kuwaiti Dinars Three Million One Hundred Fifty Thousand Only) have been achieved due to managing the IPO of Dar Al-Dhabi Holding Company, of which Bayan Investment Company owns 37% thereafter. 

Based on the Ordinary and Extraordinary General Assembly Meetings' results of Dar Al-Dhabi Holding dated on 12/3/2008, the purpose of the capital increase of DAD Holding was to overtake DAD Real Estate Company (100% owned to Bayan Investment Company), which owns plots on Al-Reem Island in Abu Dhabi that Bonyan Real Estate Company (100% owned by Bayan Investment Company) already sold to with a return equivalent to KD 75,000,000 (Kuwaiti Dinars Seventy Five Million Only).

Due to the above, Bayan Investment Company's expected returns, after completion of the necessary procedures, will be approximately KD 47,000,000 (Kuwaiti Dinars Forty Seven Million Only), and it is expected to achieve the said returns over the specified period for paying off the plots value and as per the international accounting standards measure related to returns, and as follows:


    
        
            1
            &nbsp;60% throughout year 2008
            equivalent to KD 28,200,000
        
        
            2
            &nbsp;20% throughout year 2009 
            equivalent to KD 9,400,000
        
        
            3
            &nbsp;20% throughout year 2010
            equivalent to KD 9,400,000
        
    
... ]]></description></item><item><title>Private Placement  for  the  Capital Increase Successfully covered</title><link>www.bayan.com.kw/morenews.aspx?id=49</link><pubDate>Monday, June 02, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=49</guid><description><![CDATA[ In the praise of Allah, the&nbsp; private placement for the capital increase of Dar Al-Dhabi Holding Company was covered successfully, this capital increase of $ 100,000,000 (one hundred million Kuwaiti Dinars) indicates the great confidence we enjoy by our subscribers this difficult time. 
The subscription in this private placement was very large both from inside and outside Kuwait exceeding our expectations; therefore we thank all those who work with us in this vital project, May Allah bless us and enable us to achieve the desired objectives.... ]]></description></item><item><title>First Stock Market Exhibition</title><link>www.bayan.com.kw/morenews.aspx?id=48</link><pubDate>Sunday, June 01, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=48</guid><description><![CDATA[ Participated in The First  Stock  Market Exhibition

Kuwait, May 26, 2008: Bayan Investment Company, Kuwaiti Shareholding Company Closed, announced its participation in The First Stock Market Exhibition, which was inaugurated on Monday, May 26, 2008 by Mr. Rasheed Al-Tabtaba'ie, Acting Deputy Minister of the Ministry of Trade &amp; Industry, and extends until Wednesday, May 28, 2008 at Kuwait Sheraton Hotel, in order to introduce its different investment products and offer distinctive and special promotions to investors wishing to enter the world of the stock market, in addition to highlighting the proposed current and future projects of the company and its subsidiaries. 

Mr. Khalid Al-Roudan, Manager of Marketing and Sales Department at Bayan Investment Company added that the company's booth at the exhibition site witnessed a remarkable turnout of visitors and gained the attention of a large number of observers of the company's investment products, where company representatives received numerous inquiries on company's existing &amp; future projects particularly with regard to the latest projects in the U.A.E. and the success achieved through one of its subsidiaries represented in Dar Al-Dhabi Holding Company. 

Bayan Investment is currently exploring new investment opportunities which is unique in type and distinct in activity in the midst of the revolution that the world of business and finance is witnessing, and in order to offer a bouquet of the best opportunities available with high returns on short-term to meet the needs and achieve the objectives of the current client and potential investor.... ]]></description></item><item><title>First Phase of Dar Al-Dhabi  Project sold out in the first hour at Cityscape Abu Dhabi</title><link>www.bayan.com.kw/morenews.aspx?id=47</link><pubDate>Monday, June 02, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=47</guid><description><![CDATA[ Total sales reach&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AED 1.55 billion
Abu Dhabi, United Arab Emirates, 13th May 2008: After debuting the first phase of the Dar Al-Dhabi Project at Cityscape Abu Dhabi, Dar Al-Dhabi Real Estate and their sales and marketing agent, PURE Real Estate, announced that all their units have been sold out on the first hour. The total sales reached AED 1.55 billion which is much higher than initially projected in the PPM.


    
        
            
        
    


&quot;The excellent response we received from local, regional and international investors is a true testament of the superior investment potential of Dar Al-Dhabi Project. On a grander scale, this proves that Abu Dhabi is fast becoming a focal point of property development and a hotspot for key real estate investments,&rdquo; said Abdulwahab F. Al-Ameer, VP Chairman of Dar Al-Dhabi Holding. 

Dar Al-Dhabi Project occupies five plots on Al Reem Island and strategically situated on the only marina in the Najmat Abu Dhabi development, 300 meter off the coast of Abu Dhabi. The project covers a gross construction area of 5 million square feet with a total cost estimated at AED 6 billion.
Al-Ameer added that he expects that &ldquo;prices for both commercial and residential properties will improve in the very near future following the consistently good showing of the real estate market in Abu Dhabi.&quot; 
The groundbreaking project includes two 35-storey residential buildings (Al-Sharq Tower 1 and Al-Sharq Tower 2), a 7-storey residential building (Al-Seef Residential), and a 7-storey commercial building (Al-Seef Commercial) in addition to the two 300 meter high &lsquo;Iconic&rsquo; towers, that promise to redefine the skyline of Abu Dhabi while serving commercial, residential and retail purposes. Exemplifying international standards in architecture and services by commissioning top architects and employing state-of-the-art technology, the development is targeted to become a landmark the Al Reem Island.
Dar Al-Dhabi Project offers the comfort of a modern waterfront lifestyle, proximity to 5-star hotels and a diverse range of leisure and entertainment amenities. &ldquo;The success of Dar Al-Dhabi Project proves that discerning investors are always on the lookout for the most superior property investments. By bringing together the best of the best, we have realized our vision of creating excellent investment opportunities for our clients, supporting the long-term economic development of Abu Dhabi and offering sustainable benefits for our community,&rdquo; concluded Al-Ameer.
In addition to its premium location on the marina, Dar Al-Dhabi Project is the only development that will have two adjacent &lsquo;Iconic&rsquo; towers&mdash;one residential and another commercial, including a shopping mall in the podium. The multi-functional space and special facilities are set to meet the various specialized needs of its residents. After the re-planning exercises of Al Reem Island, Dar Al-Dhabi&rsquo;s &lsquo;Iconic&rsquo; towers will be the largest single plot of its kind on the island.

The &lsquo;Iconic&rsquo; towers will be launched at Cityscape Dubai 2008 but pre-registration will be welcomed during Cityscape Abu Dhabi.


    
        
            
        
    
... ]]></description></item><item><title>Dar Al-Dhabi Real Estate participates at Cityscape Abu Dhabi 2008</title><link>www.bayan.com.kw/morenews.aspx?id=46</link><pubDate>Monday, May 12, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=46</guid><description><![CDATA[ &nbsp;Abu Dhabi,&nbsp; UAE,&nbsp; May 11, 2008:&nbsp; Dar Al-Dhabi Real Estate, a Kuwaiti shareholding closed company, will launch the first phase of the Dar Al-Dhabi Project at the forthcoming Cityscape Abu Dhabi, held from the13th &ndash; 15th of May . During their participation they will reveal details about the 5 plot project which is strategically located on the prestigious Najmat Abu Dhabi development on Al Reem Island. The first phase of this development will consist of two 35-storey residential buildings (Al-Sharq Tower 1 and Al-Sharq Tower 2), a 7 storey residential building (Al-Seef Residential), and a 7-storey commercial building (Al-Seef Commercial). 

Dar Al-Dhabi Real Estate, the property developer, appointed PURE Real Estate as their sales and marketing agent for the Dar Al-Dhabi Project. The Dar Al-Dhabi Project marks the first venture of Dar Al-Dhabi Real Estate in the UAE. 

Abdulwahab F. Al-Ameer, Chairman and Managing Director of Dar Al-Dhabi Real Estate said: &ldquo;We are extremely excited about our participation in this year&rsquo;s Cityscape because we believe that our relationship with PURE Real Estate will assist us in achieving the success we anticipate for the Dar Al Dhabi Project.&rdquo; 

Dar Al-Dhabi Real Estate and PURE Real Estate will display the Dar Al-Dhabi Project at stand number IF30 in hall 1 at the Abu Dhabi National Exhibition Centre. ... ]]></description></item><item><title>Increasing demand for subscription to the Dar Al-Dhabi Holding Co</title><link>www.bayan.com.kw/morenews.aspx?id=45</link><pubDate>Monday, May 12, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=45</guid><description><![CDATA[ &nbsp; Mr. Khalid&nbsp; Al-Roudan &nbsp;&nbsp;&nbsp; Manager&nbsp; of Marketing and Sales Department at Bayan Investment Company &ndash; stated that the IPO in the capital increase of Dar Al-Dhabi Holding Company (compatible with Islamic Sharia) witnessed high demand, where it was subscribed to by several major local, gulf and international companies, while discussions and contracts are currently under way by some entities and other companies to reserve a portion of the stocks before the deadline date of subscription. 

He added that the subscription duration in the shares increase of Dar Al-Dhabi Holding Company from 1 million Kuwaiti dinars to 100 million Kuwaiti dinars, which Bayan owns 30% of , had started from March 31, 2008 and continues until the end of business day of April 30, 2008, at a price per share 100 fils plus IPO commission 10% (5 fils share premium and 5 fils placement expenses), and the right to subscribe is open for all citizens and residents within the State of Kuwait and abroad. 

Moreover, the project features a strategic location and distinctive overlooking to the only Marina within Najmat Abu Dhabi project on Al-Reem Island, with an area of approximately 6.5 million square meters in addition of being the closest natural island to the commercial heart of the city of Abu Dhabi, since it lies only 300 meters away, and it is considered an extension to the commercial and administrative center of the capital Abu Dhabi. Dar Al-Dhabi project is also distinguished by the type of construction which will be composed of 60% residential and 40% commercial, the highest within Najmat Abu Dhabi plots, and its proximity of the largest commercial shopping center on the island in addition to proximity from two five stars hotels and the site devoted to build the branch of International Sorbonne University. Also, the island will be connected to Abu Dhabi city through 8 bridges which will facilitate the process of access, where it is away from Abu Dhabi airport by only 20 minutes. Highlighting that the island has characterized with the freedom of property ownership for citizens and foreigners, according to the latest laws issued in this regard, and it is expected to achieve an internal rate of return not less than 22%. 

Mr. Al-Roudan also pointed out to the growth witnessed by the economy in the UAE being one of the fastest growing economies of the world, as stated in recent reports issued by the Ministry of Trade and Industry, and &quot;CIA World Fact Book&quot;. Abu Dhabi also enjoys the highest income of capital in the world, which gave Al Reem Island in general and Najmat Abu Dhabi project in particular a unique investment style in a distinctive and unique opportunity.... ]]></description></item><item><title>General Assembly Report 2008</title><link>www.bayan.com.kw/morenews.aspx?id=44</link><pubDate>Monday, March 17, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=44</guid><description><![CDATA[ Available in Arabic Only.... ]]></description></item><item><title>Bayan Investment Launches Dar Al-Dhabi for Subscription with a Capital of KD 100 Million</title><link>www.bayan.com.kw/morenews.aspx?id=43</link><pubDate>Monday, March 17, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=43</guid><description><![CDATA[ &nbsp; Mr. Faisal Al Mutawa,&nbsp;&nbsp;Chairman&nbsp;&nbsp;&amp;&nbsp; Managing Director of Bayan Investment Company, announced launching, the shari'a compliant, Dar Al-Dhabi Holding Company K.S.C.C. for private subscription, with a capital of KD 100 Million, for the purpose of investing in Dar Al-Dhabi Real Estate Company, which possesses the attractive investment opportunity in Al-Reem Island in Abu Dhabi, where the company succeeded in purchasing five plots on the island for development and constructing distinctive towers ( residential, offices, commercial).&nbsp;The subscription management is assigned to Al-Bazie &amp; Co. 

As it is known, currently the investment opportunities in the Emirate of Abu Dhabi overcome the available investment opportunities in the past, as Abu Dhabi has many characteristics that make investment less expensive and more attractive, in particular, possessing more than 200 natural islands, and the abundance of financial and large energy sources, in addition to the facilities provided by the Commission of Urban Development to achieve the development goals. 

The investment opportunity consists of developing five plots within Najmat Abu Dhabi project owned by Al-Reem Development, with an area of 46,402 square meters, while the total area resulting from the development is 451,400 square meters.&nbsp;Six towers of residential and commercial offices including two Iconic towers at 300 meters in addition to shopping malls to serve the towers will be built on the plots. The total cost of land development estimated to be AED 6 billion equivalent to KD 460 million. The feasibility study indicates that the internal rate of return expected for the project will be more than 22% annually during the next five years. 

In addition, KEO International Consultants has been selected as an international consulting office to manage the project during the implementation period, and it is expected to choose a designer for the project during the next month. 
&nbsp;
Dar Al-Dahbi Holding Company is one of Bayan Investment companies, was established in 2004 with many objectives, most important is investing in Dar Al-Dhabi Real Estate Company which in turns, contracted to purchase the 5 plots for development and sale of the residential apartments and&nbsp;the commercial offices.... ]]></description></item><item><title>Bayan Investment announce financial results</title><link>www.bayan.com.kw/morenews.aspx?id=42</link><pubDate>Monday, March 17, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=42</guid><description><![CDATA[ Bayan Investment&nbsp;Company&nbsp;&nbsp; has&nbsp;announced its financial results for the financial year ended 31/12/2007, which showed a gross profit of KD 7,527,248 and 22.02 fils earning per share (EPS). 
&nbsp;
Since the financial results were approved by the Central Bank of Kuwait; Bayan board of directors decided to raise a recommendation to the General Assembly of the company for a dividend distribution of 10% cash (10 fils for each share), and 10% bonus shares (10 shares for each 100 share), for the registered shareholders as of the General Assembly meeting date.

In this context, Mr. Faisal Al Mutawa &ndash;Chairman and Managing Director of Bayan &ndash; referred the reason of this profit in the first place to implementing the expanding strategy by focusing on the most growing economic sectors throughout the region especially the industrial, investment and real estate sectors.&nbsp;In addition, the company is hitting at many promising investments some of which been contracted and others are under evaluation.&nbsp;The most important of these investments is Najmat Abu Dhabi project in Al-Reem Island, United Arab Emirates, which aims at developing a group of plots for residential and commercial purposes with high technology and the modernist architecture, and through one of Bayan's subsidiaries.... ]]></description></item><item><title>Court Order</title><link>www.bayan.com.kw/morenews.aspx?id=41</link><pubDate>Wednesday, March 11, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=41</guid><description><![CDATA[ Available in Arabic Only.... ]]></description></item><item><title>Dar Al Dhabi Holding Board Meeting</title><link>www.bayan.com.kw/morenews.aspx?id=40</link><pubDate>Monday, February 11, 2008</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=40</guid><description><![CDATA[ Available in Arabic Only.... ]]></description></item><item><title>Arabic Thought Organization Annual Conference </title><link>www.bayan.com.kw/morenews.aspx?id=39</link><pubDate>Tuseday, December 11, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=39</guid><description><![CDATA[ Available in Arabic Only.... ]]></description></item><item><title>Najmat Abu Dhabi in Reem Island Project</title><link>www.bayan.com.kw/morenews.aspx?id=38</link><pubDate>Sunday, November 25, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=38</guid><description><![CDATA[ Available in the Arabic site... ]]></description></item><item><title>Al Reem Island project contract signature</title><link>www.bayan.com.kw/morenews.aspx?id=37</link><pubDate>Tuesday, November 20, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=37</guid><description><![CDATA[ &nbsp;Bayan&nbsp;has signed a contract for the purchase of land worth KD 83 million. The company announces that one of its affiliate has purchased five plots in the area of Reem Island, Abu Dhabi of up to 4,858,869 square feet with 490,000 square feet of building area, the company reported that on Nov 15, 2007 it signed the final contract for the best sites of the island, for the construction of a group of commercial and residential towers, and the total value of this land is AED 1,109,413,188, equivalent to KD 83,585,619. At the time of signing of the contract the company paid 40 percent of the total price of amounting to AED 443,675,275 or the equivalent of KD 33,434,247.&nbsp; Bayan was established in 1997 and aimed at carrying out all direct investment operations for its own benefit and the benefit of its clients in various economic sectors with promising investment horizons, in addition to providing various consultancy and investment services needed by the business community. 



&nbsp;
... ]]></description></item><item><title>Bayan Ghabka</title><link>www.bayan.com.kw/morenews.aspx?id=36</link><pubDate>Sunday, October 07, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=36</guid><description><![CDATA[ Available in Arabic Only.... ]]></description></item><item><title>Al-Themar Fund Closing</title><link>www.bayan.com.kw/morenews.aspx?id=35</link><pubDate>Sunday, September 09, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=35</guid><description><![CDATA[ Available in Arabic Only... ]]></description></item><item><title>“Bayan” establishes a real estate investment company in Abu Dhabi with a capital of 100 million KD</title><link>www.bayan.com.kw/morenews.aspx?id=34</link><pubDate>Wednesday, August 29, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=34</guid><description><![CDATA[ Available in Arabic only.... ]]></description></item><item><title>Profits Distribution for Eammar and Estethmar Fund</title><link>www.bayan.com.kw/morenews.aspx?id=33</link><pubDate>Thursday, January 22, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=33</guid><description><![CDATA[ Available in Arabic only.... ]]></description></item><item><title>Bayan Launches "Al-THEMAR Securities FUND"</title><link>www.bayan.com.kw/morenews.aspx?id=32</link><pubDate>Monday, August 27, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=32</guid><description><![CDATA[ Bayan Investment Company announced launching the units of Al-Themar Securities Fund (Islamic Shari'a compliant) for subscription during the period of Monday, 13th August 2007 and until end of Sunday 2nd September 2007.&nbsp;Applications are honored at Boubyan Bank (The Selling Agent) and at Bayan premises.
&nbsp;
Mr. Ahmad Al-Quraishi &ndash; Manager of Local Investment Department &ndash; declared that choosing establishing a Shari'a compliant Fund comes from Bayan's continuous efforts to provide unique investment opportunities and to meet its client's demands and market trend, in addition to the out performance lately witnessed by many Islamic companies and of shari'a compliance in Gulf stock markets and the increased demand on Islamic financial tools in GCC in general.
&nbsp;
Mr. Al-Quraishi also said that Al-Themar Securities Fund is an open-ended Investment Fund with a capital of K.D. 5 &ndash; 50 Million, and duration of 10 renewable years.&nbsp;Minimum subscription limit to the Fund is 5000 unit of K.D 1 and subject to 2% subscription fee.&nbsp;The Fund aims at achieving the best possible returns and profits by adopting a balanced investment policy through allocating 75% of its investments to invest in the top 25 company of shari'a compliance and listed in Gulf stock markets, while allocating 25% of its capital to invest in other Islamic or shari'a compliant companies and according to its performance, to achieve the geographic and the sector balance required due to activity variation and markets of listing, targeting to acquire returns of not less than 15% in approximate.
&nbsp;
Mr. Al-Quraishi added, Bayan Investment Company seeks always to offer its clients a variety of new products and services in order to give them the opportunity to grow their investments and in direction with the international and gulf markets where trading and innovating new investment financial tools within a legitimate Islamic frame is demanded.... ]]></description></item><item><title>Bonyan Real Estate signs an advisory services contract for Najmat Abu Dhabi project.</title><link>www.bayan.com.kw/morenews.aspx?id=31</link><pubDate>Monday, July 30, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=31</guid><description><![CDATA[ Available in Arabic Only ... ]]></description></item><item><title>1st Half Financial Results </title><link>www.bayan.com.kw/morenews.aspx?id=30</link><pubDate>Wednesday, July 25, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=30</guid><description><![CDATA[ Available in Arabic Only... ]]></description></item><item><title>Al-Noor Holding Company General Assembly Results</title><link>www.bayan.com.kw/morenews.aspx?id=29</link><pubDate>Monday, July 09, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=29</guid><description><![CDATA[ &nbsp;
The Regular and Irregular General Assembly Meetings of Al-Noor Holding Company &ndash; a subsidiary and fully owned by Bayan Investment Company &ndash; were held on Sunday 8th July 2007 at Bayan premises to discuss the Board of Directors' recommendation with regards to capital increase.
&nbsp;
The Regular &amp; Irregular General Assembly voted accordingly (97% of company's capital) for the recommendation of raising the company's capital from K.D 1 Million to K.D 5 Million, and in presence of the Ministry of Commerce &amp; Industry's representative.... ]]></description></item><item><title>Najmat Abu Dhabi Project</title><link>www.bayan.com.kw/morenews.aspx?id=28</link><pubDate>Monday, July 02, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=28</guid><description><![CDATA[ Bayan Investment Signs &nbsp;Deal to Buy Plots Valued K.D. 80 Million Through One of its Subsidiaries

Bonyan Real Estate Company K.S.C.C. &ndash; a subsidiary and fully owned by Bayan Investment Company &ndash; announced signing an initial deal with Al Reem Development (UAE Company) to purchase 5 plots in a strategic location of Najmat Abu Dhabi Project on Al-Reem Island &ndash; UAE.&nbsp; The total land area is 46,400 square meters and value approximately K.D. 80 Million.
Mr. Abdulwahab Al-Ameer &ndash; General Manager of Bonyan Real Estate &ndash; stated that the properties will be developed by constructing multipurpose Iconic Towers and buildings varies between residential units, high-tech, state-of-the-art office space, in addition to retail shops and parking facilities.&nbsp; The Iconic Towers are considered the main attraction of the whole development and will boast 75-80 floors each.&nbsp; This project will provide a unique and modern life style inspired by the future and will contribute towards the reformulation of international standards of real estate development in the Middle East.
&nbsp;
United Arab Emirates, in general, and Abu Dhabi Emirate, in particular, considered being an attracting place for investment due to its economic and investment policy that is well structured and managed by a government of Abu Dhabi with concentration on long term economic vision and investment strategy.
... ]]></description></item><item><title>Administrative Court</title><link>www.bayan.com.kw/morenews.aspx?id=27</link><pubDate>Sunday, June 24, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=27</guid><description><![CDATA[ Available in Arabic Only... ]]></description></item><item><title>Bayan Participate in the World Economic Form</title><link>www.bayan.com.kw/morenews.aspx?id=26</link><pubDate>Saturday, May 19, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=26</guid><description><![CDATA[ Available in Arabic Only... ]]></description></item><item><title>Cash Dividend</title><link>www.bayan.com.kw/morenews.aspx?id=25</link><pubDate>Saturday, May 05, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=25</guid><description><![CDATA[ Available in Arabic Only .... ]]></description></item><item><title>Annual General Meeting Results</title><link>www.bayan.com.kw/morenews.aspx?id=24</link><pubDate>Monday, April 30, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=24</guid><description><![CDATA[ Available In Arabic Only.... ]]></description></item><item><title>Bayan Investment Announce it's financial results for the first quarter of 2007</title><link>www.bayan.com.kw/morenews.aspx?id=23</link><pubDate>Saturday, April 28, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=23</guid><description><![CDATA[ Bayan Investment Co posted its profits for the first quarter of 2007 achieving a profit of 8.3 million Kuwaiti Dinars (28.71 million US dollars) after a loss of KD 7.2 million in the year-earlier period, the earnings per share (EPS) stood at 24.17 fils compared to a loss of 20.81 fils in the same period a year ago. ... ]]></description></item><item><title>E'mmar Estethmar Fund Announcement</title><link>www.bayan.com.kw/morenews.aspx?id=22</link><pubDate>Saturday, April 28, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=22</guid><description><![CDATA[ Available in Arabic Only.... ]]></description></item><item><title>Bayan Visit to Elderly Welfare on Mother's Day</title><link>www.bayan.com.kw/morenews.aspx?id=21</link><pubDate>Saturday, April 28, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=21</guid><description><![CDATA[ Bayan Investment&nbsp;company&nbsp;visits&nbsp;Elderly Welfare on Mother's Day 21 March 2007.... ]]></description></item><item><title>Stock Exchange improvement</title><link>www.bayan.com.kw/morenews.aspx?id=20</link><pubDate>Tuseday, March 06, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=20</guid><description><![CDATA[ Available in Arabic Only... ]]></description></item><item><title>Visits "Bait Abdullah"</title><link>www.bayan.com.kw/morenews.aspx?id=19</link><pubDate>Saturday, March 03, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=19</guid><description><![CDATA[ Available in Arabic only.... ]]></description></item><item><title>Plans for establishment of company in Libya</title><link>www.bayan.com.kw/morenews.aspx?id=12</link><pubDate>Saturday, March 03, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=12</guid><description><![CDATA[ News available in Arabic... ]]></description></item><item><title>Bayan Investment debuts on Dubai Financial Market</title><link>www.bayan.com.kw/morenews.aspx?id=11</link><pubDate>Sunday, March 04, 2007</pubDate><guid>www.bayan.com.kw/morenews.aspx?id=11</guid><description><![CDATA[ Dubai Financial Market (DFM) announced today (Tuesday, December 19, 2006) the listing of Bayan Investment Company, incorporated in Kuwait.
&nbsp;

    
        
            &nbsp;
        
        
            &nbsp;
        
        
            
            Bayan Investment Company is the 44th listed to list its shares on the DFM and the 62nd listed security on the market. Bayan Investment Company shares will start trading today (December 19, 2006) under the trading symbol &ldquo;BAYAN&rdquo; that will appear on DFM screens, trading systems and publications. The company is classified within the &ldquo;Investment&rdquo; sector, which now includes 6 public joint stock companies.&nbsp; 
            
        
        
            &nbsp;
        
        
            
            Essa Kazim, Director General of DFM, said: &ldquo;We welcome Bayan Investment Company to the DFM and wish them a prosperous future. This new listing is another vote of confidence from a well established and profitable growth stock of the opportunities that DFM brings to the table. With a world-class systems and process, DFM is able to attract not just UAE-based companies but companies from across the GCC.&rdquo;
            
        
        
            &nbsp;
        
        
            
            Faisal Ali Al-Mutawa &ndash; Chairman &amp; Managing Director of Bayan Investment Company, said: &ldquo;Listing on DFM will add value for our investors, and we look forward to a fruitful relationship with the market. This decision came in compliance with the company&rsquo;s strategy that aims to expand, grow and achieve sustainable benefits for Bayan shareholders.&rdquo;
            
        
    
... ]]></description></item></channel></rss>