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Welcome
This is the press area where you can find
press releases relating specifically to
Venture Capital Bank and its work.
If you have a press enquiry for VCBank,
please contact the press office or call
+973 17518888
This is the press area where you can find
press releases relating specifically to
Venture Capital Bank and its work.
If you have a press enquiry for VCBank,
please contact the press office or call
+973 17518888
30 November 2008
Venture Capital Bank conducts a strategic workshop for its Board of Directors
Venture Capital Bank BSC (c) (VCBank), a Bahrain based investment bank, announced that it conducted a strategic workshop for its Board of Directors and executive management followed by two days of Board strategy and brain storming meetings from 23rd to 25th November at the Ciragan Palace Kempinski Istanbul, Turkey.
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Venture Capital Bank conducts a strategic workshop for its Board of Directors
Venture Capital Bank BSC (c) (VCBank), a Bahrain based investment bank, announced that it conducted a strategic workshop for its Board of Directors and executive management followed by two days of Board strategy and brain storming meetings from 23rd to 25th November at the Ciragan Palace Kempinski Istanbul, Turkey.
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21 October 2008
Venture Capital Bank Achieves Net Profit of US$ 39 Million for the first nine months of 2008
Venture Capital Bank has announced a net profit of US$ 39 Million for the nine months ended 30 September 2008. The results reflect the Banks’ high performance and the effectiveness of the diversification of investments by implementing the bank’s Board approved plan.
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Venture Capital Bank Achieves Net Profit of US$ 39 Million for the first nine months of 2008
Venture Capital Bank has announced a net profit of US$ 39 Million for the nine months ended 30 September 2008. The results reflect the Banks’ high performance and the effectiveness of the diversification of investments by implementing the bank’s Board approved plan.
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16 June 2008
Venture Capital Bank and Jordan Phosphate Mines Company (JPMC) Launch the Expansion Project of Jordan Al Abyad Fertilizers and Chemicals Company (JAFCCO) at US$90 Million.
Venture Capital Bank and Jordan Phosphate Mines Company (JPMC) launched the expansion project of Jordan Al Abyad Fertilizers and Chemicals Company (JAFCCO). The total cost of the project estimated around US$ 90 million, and it’s a partnership between Venture Capital Bank, Jordan Phosphate Mines Company and other strategic Jordanian partners whereby Venture Capital Bank represents the largest investor in the Company.
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Venture Capital Bank and Jordan Phosphate Mines Company (JPMC) Launch the Expansion Project of Jordan Al Abyad Fertilizers and Chemicals Company (JAFCCO) at US$90 Million.
Venture Capital Bank and Jordan Phosphate Mines Company (JPMC) launched the expansion project of Jordan Al Abyad Fertilizers and Chemicals Company (JAFCCO). The total cost of the project estimated around US$ 90 million, and it’s a partnership between Venture Capital Bank, Jordan Phosphate Mines Company and other strategic Jordanian partners whereby Venture Capital Bank represents the largest investor in the Company.
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05 March 2008
Venture Capital Bank Invests in the Shipping Industry.
Venture Capital Bank announced the signing of a joint venture agreement with Lemissoler Shipping Group PCL in Cyprus. Under the agreement a Shipping company, Lemissoler Maritime Company W.L.L will be established in the Kingdom of Bahrain with the objective of acquiring, owning and operating a fleet of commercial vessels.
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Venture Capital Bank Invests in the Shipping Industry.
Venture Capital Bank announced the signing of a joint venture agreement with Lemissoler Shipping Group PCL in Cyprus. Under the agreement a Shipping company, Lemissoler Maritime Company W.L.L will be established in the Kingdom of Bahrain with the objective of acquiring, owning and operating a fleet of commercial vessels.
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10 February 2008
Venture Capital Bank holds its second AGM and Approves the Distribution of 15% Cash Dividends with a remarkable growth of 143%.
Venture Capital Bank BSC (c) held its Annual General Meeting (AGM) yesterday (Sunday 10 February 2008), at the Sheraton Hotel, to discuss the last year performance and to distribute 15% cash dividends proceeding the Bank’s phenomenal financial performance during 2007.
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Venture Capital Bank holds its second AGM and Approves the Distribution of 15% Cash Dividends with a remarkable growth of 143%.
Venture Capital Bank BSC (c) held its Annual General Meeting (AGM) yesterday (Sunday 10 February 2008), at the Sheraton Hotel, to discuss the last year performance and to distribute 15% cash dividends proceeding the Bank’s phenomenal financial performance during 2007.
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22 January 2008
Venture Capital Bank Reports US$ 32.3 Million Net Profit for the Second Year of Operations and Recommends 15% Cash dividends to its shareholders.
Venture Capital Bank BSC (c) held its Tenth Board Meeting on Tuesday 22 January 2008, and reported US$ 32.3 Million net profit for the second year of operations.
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Venture Capital Bank Reports US$ 32.3 Million Net Profit for the Second Year of Operations and Recommends 15% Cash dividends to its shareholders.
Venture Capital Bank BSC (c) held its Tenth Board Meeting on Tuesday 22 January 2008, and reported US$ 32.3 Million net profit for the second year of operations.
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15 November 2008
Venture Capital Bank and a team of German surgeons establish the German Orthopaedic Hospital in Bahrain
Venture Capital Bank has announced the establishment of a dedicated orthopaedics and rehabilitation hospital in the Kingdom of Bahrain, under the name of the German Orthopaedic Hospital, in collaboration with a group of outstanding German medical professionals.
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Venture Capital Bank and a team of German surgeons establish the German Orthopaedic Hospital in Bahrain
Venture Capital Bank has announced the establishment of a dedicated orthopaedics and rehabilitation hospital in the Kingdom of Bahrain, under the name of the German Orthopaedic Hospital, in collaboration with a group of outstanding German medical professionals.
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29 July 2008
Venture Capital Bank awards D51 Island architecture and development to dxb-lab architecture
Venture Capital Bank has granted the architecture and development of D51 Island in The World project by Nakheel to dxb-lab Architecture. Nakheel has approved the preliminary designs.
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Venture Capital Bank awards D51 Island architecture and development to dxb-lab architecture
Venture Capital Bank has granted the architecture and development of D51 Island in The World project by Nakheel to dxb-lab Architecture. Nakheel has approved the preliminary designs.
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20 May 2008
VC Bank to Develop One and a Half Billion Dirham Resort in Nakheel’s The World
Project.
Venture Capital Bank (VC Bank), a Bahrain based Islamic investment bank, has incorporated World Development Company Limited for the purpose of developing a luxury resort on Nakheel’s exclusive project, The World. VC Bank will invest in and develop the island located in the “Northern Asia” area of the archipelago of 300 islands after being selected as one of the exclusive group of investors invited to invest in The World.
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VC Bank to Develop One and a Half Billion Dirham Resort in Nakheel’s The World
Project.
Venture Capital Bank (VC Bank), a Bahrain based Islamic investment bank, has incorporated World Development Company Limited for the purpose of developing a luxury resort on Nakheel’s exclusive project, The World. VC Bank will invest in and develop the island located in the “Northern Asia” area of the archipelago of 300 islands after being selected as one of the exclusive group of investors invited to invest in The World.
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22 April 2008
Venture Capital Bank’s First Quarter Net Profit surge to US$ 13.86 Million.
Venture Capital Bank, the first dedicated Islamic Venture Capital Bank, recorded impressive growth in its net profit for the first quarter ending in 31st March 2008 at US$ 13.86 million, with growth rate of 1571% compared to first quarter of last year 31st March 2007 at US$ 843 thousands which reflects the continues growth Venture Capital Bank is heading since its establishment in October 2005.
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Venture Capital Bank’s First Quarter Net Profit surge to US$ 13.86 Million.
Venture Capital Bank, the first dedicated Islamic Venture Capital Bank, recorded impressive growth in its net profit for the first quarter ending in 31st March 2008 at US$ 13.86 million, with growth rate of 1571% compared to first quarter of last year 31st March 2007 at US$ 843 thousands which reflects the continues growth Venture Capital Bank is heading since its establishment in October 2005.
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25 February 2008
Bronco Drilling Company acquires 25% of Challenger Limited.
Venture Capital Bank and Challenger Limited Company signed a definitive agreement with Bronco Drilling Company Inc. whereby Bronco acquires 25% of Challenger Limited Company in return for a combination of in-kind and cash contributions from Bronco.
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Bronco Drilling Company acquires 25% of Challenger Limited.
Venture Capital Bank and Challenger Limited Company signed a definitive agreement with Bronco Drilling Company Inc. whereby Bronco acquires 25% of Challenger Limited Company in return for a combination of in-kind and cash contributions from Bronco.
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4 February 2008
Targeting Promising Small & Medium enterprises in the Kingdom of Bahrain.
The Labour Fund (LF) and Bahrain-based Venture Capital Bank has unveiled a new growth engine for small and medium enterprises in the Kingdom of Bahrain – a dedicated $ 15 million “Venture Capital Fund – Bahrain”.
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Targeting Promising Small & Medium enterprises in the Kingdom of Bahrain.
The Labour Fund (LF) and Bahrain-based Venture Capital Bank has unveiled a new growth engine for small and medium enterprises in the Kingdom of Bahrain – a dedicated $ 15 million “Venture Capital Fund – Bahrain”.
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15 January 2008
Region’s Leading Software Company, ITWorx, Changes Hands in Move for Global Growth.
Joint investors Venture Capital Bank, EuroMena Fund, a private equity fund sponsored by Capital Trust Group, and Proparco purchase 79% of the Middle East Region’s leading software company in view of further expansion plans internationally.
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Region’s Leading Software Company, ITWorx, Changes Hands in Move for Global Growth.
Joint investors Venture Capital Bank, EuroMena Fund, a private equity fund sponsored by Capital Trust Group, and Proparco purchase 79% of the Middle East Region’s leading software company in view of further expansion plans internationally.
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