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APM Terminals Bahrain IPO oversubscribed 5.4 timesAPM Terminals Bahrain, the exclusive operator of Bahrain's Khalifa Bin Salman Port (KBSP), said its BD11.880 million ($31.58 million) IPO was met with strong demand from local and regional institutions and retail investors. Th More… |
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APM Terminals Bahrain IPO oversubscribed 5.4 timesAPM Terminals Bahrain, the exclusive operator of Bahrain's Khalifa Bin Salman Port (KBSP), said its BD11.880 million ($31.58 million) IPO was met with strong demand from local and regional institutions and retail investors. Th More… |
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Takaful Emarat raises $13m during first rights issueTakaful Emarat, the Dubai Financial Market-listed, shariah-compliant life and health insurer, has raised Dh50 million ($13.6 million) during the first tradable rights issue for a takaful insurance company in the UAE. More… |
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CBB treasury bills oversubscribedThe Central Bank of Bahrain (CBB) has announced that this week’s BD35 million ($92.8 million) issue of government treasury bills has been oversubscribed by 213 per cent. The bills, carrying a maturity of 91 days, are issued by the CBB, on More… |
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CBB sukuk oversubscribedThe Central Bank of Bahrain (CBB) said the monthly issue of its Sukuk Al-Salam Islamic securities has been oversubscribed by 408.3 per cent. The securities were issued by the CBB on behalf of the government of Bahrain. The subscriptions wo More… |
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Etihad Atheeb IPO 2.5 times oversubscribedA 300 million riyal ($80 million) initial public offering by Saudi Arabia's Etihad Atheeb Telecommunications Co was about 2.5 times oversubscribed, the lead manager said. Investors offered 1.06 billion riyals in the IPO that closed on More… |
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Saudi Atheeb IPO 100pc oversubscribedA SR300 million ($80 million) initial public offering by Saudi Arabia's Etihad Atheeb Telecommunications Company was 100 per cent oversubscribed one day before subscription closes, the lead manager said on Sunday. The IPO raised SR601. More… |
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Kuwait's new telcom Viva IPO oversubscribedKuwait's third telecom operator VIVA raised KD25 million ($93.6 million) in an initial public offering of half its capital which was 2.4 times oversubscribed, state news agency Kuna reported. Viva, 26 per cent of which is owned by Saud More… |
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Voltamp IPO oversubscribed 11 timesInvestors offered $406 million towards Voltamp's initial public offering, said an official at financial advisor Oman Arab Bank on Tuesday, the last day of the sale. It is almost 11 times more than the company is seeking. Voltamp, a unit of More… |
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CBB issue oversubscribed by 393pcThe Central Bank of Bahrain (CBB) has announced that this week's BD15 million issue of government treasury bills has been oversubscribed by 393 per cent. The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the k More… |
