Bahrain’s Investcorp Targeting 15-20% Profit Growth Over 5 Years
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Investcorp Bank BSC, the Bahrain-based investment firm managing about $11.5 billion, is targeting average annual profit growth of 15 to 20 percent in the next five years after fiscal first-half net income gained.
The company is looking at investments in the retail, healthcare, education, and downstream energy industries in the Gulf Cooperation Council region and Turkey, Chief Financial Officer Rishi Kapoor told reporters today in Dubai. It’s also looking at investments in U.S. real estate assets and in Europe.