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9. IFA Hotels & Resorts reports 130% Increase in Q1 Profits
IFA Hotels & Resorts reports 130% Increase in Q1 Profits. IFA Hotels & Resorts has reported first quarter 2008 profits of KD 15.01 million (US$ 56.41 million), an increase of 130% compared to the same period last year. Earnings per share increased by 134%, from 16.09 fils (6 cents) last year to 38 fils (14 cents) this quarter. Shareholders' equity also increased to KD 90.53 million
10. IFA Hotels & Resorts acquires Further Stake in Boschendal
IFA Hotels & Resorts acquires Further Stake in Boschendal. IFA Hotels & Resorts has strengthened its interests in South Africa by acquiring a further 5.25% in Boschendal Limited, increasing its stake to 37.33%.
11. IFA Hotels & Resorts Donates US$ 100,000 to African SA-MALI Project
IFA Hotels & Resorts Donates US$ 100,000 to African SA-MALI Project. IFA Hotels & Resorts recently made a US$ 100,000 donation to the SA-Mali Project, an initiative taking place in Timbuktu that aims to preserve more than 30,000 African-Arabic medieval manuscripts, the contents of which still need to be uncovered and their stories told.
12. IFA Hotels & Resorts and Raimon Land to develop The Lofts Southshore in Pattaya
IFA Hotels & Resorts and Raimon Land to develop The Lofts Southshore in Pattaya. IFA Hotels & Resorts and Thai developer Raimon Land are to develop The Lofts Southshore in central Pattaya. IFA HR acquired 26.15% of Raimon Land Plc, a Bangkok based luxury condominium and real estate development company, and owns 49% of the new The Lofts Southshore project.
13. IFA Hotels & Resorts enters Wildlife Hospitality Market in South Africa
IFA Hotels & Resorts enters Wildlife Hospitality Market in South Africa. IFA Hotels & Resorts (IFA HR) has entered the wildlife hospitality market in South Africa by acquiring a 50% stake in a Joint Venture Company formed for the purpose of acquiring the Legend Golf & Safari Resort development. The Legend development, to be officially launched in November, forms part of the 22,000h
14. 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).
15. IFA Hotels & Resorts introduces Dubai Palm Island Projects in Portugal
IFA Hotels & Resorts introduces Dubai Palm Island Projects in Portugal
16. IFA Hotels & Resorts scoops DTCM Award
IFA Hotels & Resorts scoops DTCM Award

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