Formerly Known As
United International Bank until November 2008
Principal Activities
Provides direct investments in various sectors; private equity investment; asset management services including fund and portfolio management; investment banking services including corporate finance and investment advisory on mergers and acquisitions, initial public offering and underwriting, all in accordance with Islamic principles.
Date of Establishment Year
2006 (August)
No of Employees
35 Company, N/A Group (As of Jan 30, 2011)
|
Address:
Building Number 2431 Road 2831 Seif District 428 P.O. Box 18373 Manama Capital Bahrain Tel: +973 17-566533 Fax: +973 17-566544 Email:
info@seera.com
Website:
www.seera.com
Subscription Period:
2011
Size of Offering:
$800M
Equity Offering:
40%
Lead Managers:
Global House Company
|
Direct Investments and Related Entities  |
| Subsidiaries/Associates/Affiliates |
|
|
|
|
| Falak Aviations Fund Company |
Bahrain |
100.00% |
| BWA Lux |
Luxembourg |
85.00% |
| MCWA Group |
United Kingdom |
85.00% |
| BWA Jersey |
Jersey Island |
85.00% |
| BWA UK Acquisition Company |
United Kingdom |
85.00% |
|
| Mutual and Hedge Funds |
|
|
|
|
| Falak Aviation Investment Fund |
Bahrain |
- |
|
| Financial Results |
31-Dec-08 |
31-Dec-09 |
Yr on Yr |
| |
USD'000 |
USD'000 |
change (%) |
| Total revenues |
11,997
|
6,955
|
(42.03) |
| Net profit |
(14,287)
|
(36,117)
|
(152.80) |
| Total assets |
376,738
|
306,789
|
(18.57) |
| Paid-up capital |
291,286
|
291,286
|
0.00 |
| Shareholders' Equity |
297,019
|
260,902
|
(12.16) |
| Note: Paid Up Capital is USD291,286,000 as of December 31, 2010. |
|