Saturday 25 April 2015
 
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capital

Saxo Bank strengthens capital base with $46m issue

Saxo Bank, a leading online trading and investment specialist, has strengthened its capital base by issuing Convertible Tier 2 Notes in exchange for €46.25 million ($49.6 million) and by issuing new equity capital in the am

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ASAR takes part in debt capital market forum in Bahrain

ASAR - Al Ruwayeh and Partners, a leading Bahrain corporate law firm, took part in a debt capital market forum recently organised by the Gulf Bond and Sukuk Association. The forum, titled ‘Debt Capital Market Opportunities f

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Trust Re paid-up capital reaches $200m

Trust Re, a leading reinsurance company based in Bahrain, announced that its authorised, issued and paid-up capital now stands at $200 million. Its shareholders have released the final part, $30 million, of a plan to double the au

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Bahrain's GFH wins investor nod for capital cut

Gulf Finance House (GFH), a leading Bahrain-based financial group, said it has won approval from the shareholders for a reduction in the group’s issued and paid-up capital. Announcing this on Sunday, GFH board chairman Dr Ah

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Middle East state spending throws lifeline to oilfield services

Oil majors may have slashed capital spending but national oil companies (NOCs) in the Middle East and North Africa show no sign of cutting investment, buoying oilfield services that the stock market has beaten down.  

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Gulf Capital wins ‘Firm of the Year’ award

Gulf Capital, an active alternative investment firm in the Middle East based in Abu Dhabi, won the ‘Firm of the Year’ honour at the Private Equity International annual global awards. Voting was completed by thousands o

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Capital markets to be reviewed at Bahrain seminar

A key seminar on capital markets will be held tomorrow (April 8) at the Bahrain Bourse. Organised jointly by the Economic Development Board (EDB) and the BIBF, the evening seminar is titled, ‘Capital markets the way forward,

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Capital Club Bahrain launches ‘Happometer’

Capital Club Bahrain has launched Happometer – a cloud platform aimed at optimising members’ feedback on-the-spot, and facilitating the delivery of best-in-class services and experience. Signature Clubs International,

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Khaleeji Commercial plans to reduce paid up capital

Shareholders of Khaleeji Commercial Bank (KHCB) have approved reducing the bank's paid up capital by 13.36 per cent, from BD115.4 ($303.8 million) to BD100 million through decreasing the number of shares from 1.1 billion to 1 billion shares,

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Sico approves 9pc cash dividend

Securities and Investment Company (Sico), licensed by the Central Bank of Bahrain (CBB) as a conventional wholesale bank, has approved the payment of a cash dividend of BD3.86 million ($10.1 million), representing nine per cent of the paid-up ca

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