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- Bahrain All Share Index closes lower
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19/06/2012 07:58 AST
AMAR Holding, a leading developer and investor in commercial and Global Emerging Markets Limited (GEM Group), a European-based alternative investment group focused on making capital investments in emerging markets including the Middle East and North Africa (MENA) region, hereby announce the signing of a three-year financing agreement lead by GEM for a total amount up to 73.675 million. This was announced in a press release on Monday. According to the terms of the Agreement, AMAR Holding has the right to access the financing contemplated in the Agreement through the issue of shares and bonds convertible to shares of Remal issued to GEM via a private placement. The Company intends to use the funds to develop real estate projects in the region, particularly in Sharm El Sheikh and Dubai. The funds will be used to effect acquisitions and fully develop projects. The deal was advised by Soter Capital. Soter is a boutique investment bank offering tailored top-tier quality financial services in the Middle East and North Africa.
KUNA
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| KINGDOM | 7.87 | 0.13 (1.67 |
| TADAWULGROUP | 165.70 | 1.70 (1.03 |
| BOURSA | 3,810.00 | 18.00 (0.47 |
| NIND | 291.00 | 2.00 (0.69 |
| GFH.KW | 182.00 | 1.00 (0.55 |
06/02/2026
Over three days at the Kuwait Oil & Gas Show and Conference (KOGS 2026), National Bank of Kuwait took part in dynamic networking activities, expert-led discussions, and targeted knowledge-sharing eng
Kuwait Times
06/02/2026
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, on Thursday signed a 30-year concession agreement with Aqaba Development Corporation (ADC) to manage an
Trade Arabia
06/02/2026
NMDC Group, a global leader in engineering, procurement, construction and marine dredging, today announced a strong set of financial results for 2025, reporting revenues of AED28.8 billion ($7.84 bil
Trade Arabia
05/02/2026
Invest Qatar, the Investment Promotion Agency of Qatar, and Doha Bank have announced a strategic partnership aimed at further enhancing the ease of doing business for foreign investors entering the Q
Gulf Times
05/02/2026
In celebration of Kuwait's national holidays, in which the country commemorates its beautiful history and achievements, National Bank of Kuwait announced a limited-edition issuance of KWD Visa Prepai
Kuwait Times
Financial Information Co.
Saudi Arabia