12/10/2017 19:07 AST

The Central Bank of Bahrain (CBBH) has announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been subscribed by 100%.

Subscriptions worth BD 26 million were received for the BD 26 million issue, which carries a maturity of 182 days.

The expected return on the issue, which begins on 12th October 2017 and matures on 12th April 2018, is 2.75% equivalent to the previous issue on 14th September 2017.

The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.


BNA

Ticker Price Volume
QNBK 159.00 144,076
SABIC 129.60 5,192,197
SRMG 106.00 898,130
EEC 19.96 1,817,656
APPC 56.30 191,440
KAYAN 16.94 8,892,500
SARCO 44.20 333,418
Affordable housing stimulates Riyadh’s real estate market

19/07/2018

Although market conditions in Riyadh remain relatively unchanged this quarter, the governments’ continued focus on providing more affordable housing to drive home ownership amongst Saudi nationals wi

Saudi Gazette

UAE clarifies rules on payment of VAT on commercial real estate

19/07/2018

The 5 per cent VAT on commercial real estate must be paid prior to the completion of an asset sale, not afterwards, the UAE’s Federal Tax Authority (FTA) said on Wednesday.

In a statement

The National

PEIE highlights investment opportunities

19/07/2018

A delegation of Indian businessmen visited the Public Establishment for Industrial Estates (PEIE) on Wednesday in a bid to familiarise themselves with the investment climate in the Sultanate.

Times of Oman

Bahrain bond rally fizzles out as Gulf bailout remains elusive

19/07/2018

Bondholders’ relief over a Gulf pledge to prop up Bahrain’s struggling economy has given way to anxiety now that three weeks have passed without any sign aid is on the way.

Saudi Arabia, Ku

Gulf News

Dubai banks continue to deliver strong results

19/07/2018

Leading Dubai based banks, Emirates NBD, Emirates Islamic, Dubai Islamic Bank (DIB) and Mashreq reported strong growth in first half net profits supported by gains in core banking revenues.

Gulf News