Suq Al Mal

Here's TAQA's announcement on the ADX today confirming that it is in the early stages of negotiations to rollover its US$3.1 billi...

Everything is relative:  In a small bowl, a small fish can feel very, very big. On 27 September, Global published a press release in which...

GFH announced on the BSE today that its Board had decided to recommend that shareholders approve a n up to US$300 million increase in capita...

Today Investcorp announced on the Bahrain Stock Exchange that it intended to de-list its London GDRs citing as a reason: In the period si...

Citing informed sources, Jamal Ramadan over at AlWatan reports   that UGB will purchase the additional 13% of Burgan shares using an auctio...

If the report in AlQabas (which quotes the Internet financial site, City AM ,) proves to be correct, there could be some very good news fo...

This company has come up more than once in earlier posts on Global Investment House ("GIH").  Today it's time to take a clo...

A very interesting post over at Rupert Bumfrey's blog. Here's another link to the story at Moscow Times . And an earlier one to...

AlQabas reports that an unnamed Bahraini Investment Bank is acting as a middleman between Turkcell and major shareholders.  Starting price...

Like me you may have been intrigued by Abdul Munim's question at the shareholders' meeting about the owners of GIH's GDRs.  An...

As announced yesterday, Mubadala successfully refinanced its US$2 billion loan.  Some additional details today courtesy of Gulf News . Whil...

  Gulf News reports that IPIC has refinanced a US$2.5 billion loan maturing this June with a three year term loan of the same amount. The...

Details here .  Note offer price is par.  Key issue will be whether ADIA steps us to participate.  Earlier post on Rights Offer here .

Here are the main points from the press release (Arabic only - which is below). Comments in  italics in parentheses are my interpretations....

I heard that Esterad has announced that it is withdrawing its BD 7 million  (US$18.6 million) convertible bond offer and that the Collectin...

So says the Gulf News quoting Bloomberg quoting HE Muhammad Al Jasser, Governor of SAMA. It might come as a surprise to many out there bu...

  As per its announcement on the BSE today, Esterad has extended the offer period for its new convertible bond issue seven days (to 31 J...

ABC posted a " Board Circular " concerning its proposed US$1.110 billion proposed priority rights issue of 1,110,000,000 common...

BSEC announced another automobile related ABS deal. This time for Bassoul & Heneine . This is the second ABS for B&H – "C...

I thought that readers might find the transaction description of interest.  So here's the link . The announcement provides a descripti...