VOL. XLIII
No. 07
14-February-2000
BAHRAIN
Investcorp Announces Another Record Year Of Profits
Bahrain-based investment house Investcorp has announced a fifth consecutive year of profit growth and another record profit of $125.8mn a 10.1% increase over its 1998 results (MEES, 8 March 1999). Like last year, the board of directors has recommended a $30mn dividend payment or 30% of paid up capital, according to a statement issued by the bank.
In contrast to the 1998 results, Investcorps managed...
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