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Doha Bank may sell bonds to raise capitalQatar's Doha Bank could issue a capital-boosting bond instead of shares as planned, although it was evaluating the best route to help raise core capital, its chief executive said. The Gulf Arab state's fifth-largest lender More… |
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IAG convertible raises $506m for Vueling dealThe International Airlines Group has raised 390 million euros ($506 million) through a convertible bond issue to help to fund the purchase of low-cost carrier Vueling. Chief executive Willie Walsh said in a statement on Tuesday th More… |
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IAG convertible raises $506m for Vueling dealThe International Airlines Group has raised 390 million euros ($506 million) through a convertible bond issue to help to fund the purchase of low-cost carrier Vueling. Chief executive Willie Walsh said in a statement on Tuesday th More… |
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Firm dollar hits oil, gold, sharesOil and gold prices fell on Monday as the dollar strengthened, dragging Asian shares lower, but Japanese equities outperformed on the back of the yen's slide to a fresh 4-1/2-year low against the US currency. Investors remaine More… |
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DIB sets Tamweel share swaps dateDubai Islamic Bank (DIB) said it has gained the necessary approvals and authorisations from the government financial institutions to execute the share swap with Tamweel investors on Thursday (May More… |
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Qatar Foundation to buy 5pc Airtel stake for $1.26bnIndia’s Bharti Airtel, a leading provider of mobile and Internet services, will sell a 5 percent stake in the company to Qatar Foundation Endowment for $1.26 billion to strengthen its capital structure and fund future growth plans. More… |
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Qatar Foundation to buy 5pc Airtel stake for $1.26bnIndia’s Bharti Airtel, a leading provider of mobile and Internet services, will sell a 5 percent stake in the company to Qatar Foundation Endowment for $1.26 billion to strengthen its capital structure and fund future growth plans. More… |
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Growth fears hit shares and oil, gold stableWorld shares and industrial commodities fell on Wednesday as global growth concerns overwhelmed support from the prospect of ongoing central bank stimulus in the US and Japan. The growing belief the Federal Reserve will maintain i More… |
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Barwa Bank to raise $563m in share salesBarwa Bank, a Qatari lender part-owned by an arm of the state's sovereign wealth fund, plans to raise 2.05 billion riyals ($563 million) through two share sales including a public float on the Doha bourse, its top executive More… |
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Saudi shares drop on petchem stocksSaudi shares closed down on Saturday. The all-share index drops 0.2 per cent to 7223.02 points. Al Rajhi Bank, the kingdom's largest listed lender, was down 0.37 per cent. Saudi Basic Industries Corp (Sabic), th More… |
