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1. IFA Travel & Tourism signs JV Agreement with Wings Corporate Travel
IFA Travel & Tourism signs JV Agreement with Wings Corporate Travel. IFA Travel & Tourism (IFA TT), a subsidiary of IFA Hotels & Resorts (IFA HR), a leading travel and tourism company, has entered into a joint venture partnership with Wings Corporate Travel (Wings) for the Middle East and North Africa. The JV partnership will fully integrate and standardize the corporate travel mar
2. IFA Luxury Yacht Ownership Club adds the Caribbean
IFA Luxury Yacht Ownership Club adds the Caribbean Members of IFA YOC enjoy access to a luxury fleet of three Maiora yachts ranging from 23 to 27 metres. Previously, the IFA YOC's cruising zones included the Eastern and Western Mediterranean, the Persian Gulf and the Red Sea. The decision to expand the Club's cruising zones to include the Caribbean aims to provide IFA YOC members w
3. IFA Hotels & Resorts launches IFA Properties
IFA Hotels & Resorts launches IFA Properties.
4. IFA Hotels & Resorts and Nakheel to develop US$1 Billion Resort on Palm Jumeirah
IFA Hotels & Resorts and Nakheel to develop US$1 Billion Resort on Palm Jumeirah. IFA Hotels & Resorts (IFA HR) has entered into its second joint venture partnership with Nakheel with the acquisition of two plots of land adjacent to the Kingdom of Sheba resort located on the Crescent of Palm Jumeirah in Dubai. The new resort will be an extension of the Kingdom of Sheba and is value
5. IFA Hotels & Resorts enters Namibia with JV valued at US$ 75 million
IFA Hotels & Resorts enters Namibia with JV valued at US$ 75 million. IFA Hotels & Resorts is entering the Namibian hospitality market through a joint venture agreement with the Ohlthaver & List group of companies, a leading private sector group in Namibia. The joint venture is valued at approximately US$ 75 million. Through the venture, IFA HR has also introduced five star luxury
6. IFA Hotels & Resorts launches Fractional Ownership Product
IFA Hotels & Resorts launches Fractional Ownership Product. IFA Hotels & Resorts (IFA HR) has launched one of the Middle Easts first Private Residence Clubs, Fairmont Heritage Place, Kingdom of Sheba, on the Crescent of The Palm Jumeirah island in Dubai.
7. IFA Hotels & Resorts Increases Stake in Thailands Raimon Land
IFA Hotels & Resorts Increases Stake in Thailands Raimon Land. IFA Hotels & Resorts recently acquired an additional 14.92% stake in Raimon Land, a Bangkok based luxury condominium and real estate development company, increasing IFA HR's ownership in Raimon Land to 41.07%.
8. IFA Hotels & Resorts Reports Year End Profits of KD 30.85 millio
IFA Hotels & Resorts Reports Year End Profits of KD 30.85 millio. IFA Hotels & Resorts (IFA HR) has reported year end profits of KD 30.85 million (US$ 108 million), which is 77.75 fils per share (27 cents per share), with revenues totalling KD 52.8 million (US$ 184.67 million).

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