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KFH eyes 20pc capital hikeKuwait Finance House (KFH), the Gulf state's largest Islamic lender, will recommend a 20 percent capital hike to shareholders, the company said in a bourse filing on Tuesday, which will help boost capital ratios and fund ex More… |
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Ahli Bank announces $123m capital hikeAhli Bank, Qatar's seventh-largest listed lender by market value, plans to raise its capital by 20 per cent through a rights issue starting later this month, the bank said in a statement on Tuesday. This will raise about QR448.5 mil More… |
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Wataniya scraps capital hike plansKuwait's luxury air carrier Wataniya Airways, which ceased operations in March, has cancelled plans for a KD15 million ($54.64 million) capital hike, it said on Tuesday. Wataniya Airways, a regional luxury airline that launched in 2009 More… |
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Global Investment House scraps capital hike planKuwait's Global Investment House got shareholder approval to scrap its capital hike plan, saying regional conditions were not ripe to proceed. Global's shareholders had approved a 76 percent capital hike worth 100 million dinars last More… |
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Aabar in $249m capital hikeAbu Dhabi's Aabar Investments has raised its capital by 912.8 million dirhams ($248.6 million) through bonus shares and conversion of convertible bonds. Aabar, which has stakes in Daimler and Virgin Galactic, increased its capital to 4 More… |
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Mazaya in $51m capital boostShareholders of Kuwait's top developer Al Mazaya Holding approved on Wednesday a capital hike worth 14.98 million Kuwaiti dinars ($51.48 million), the firm said. Mazaya will increase its capital by 30 per cent by issuing 149.8 million More… |
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Mazaya shareholders to vote on capital hikeShareholders of Kuwait's leading developer Al Mazaya Holding are set to vote on a capital hike worth 14.98 million Kuwaiti dinars ($51.48 million), the firm said. Mazaya seeks to increase its capital by by 30 percent by issuing 14 More… |
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QNB Syria unit plans $300m capital boostQatar National Bank (QNB) said its Syrian unit QNB-Syria, has won approval from shareholders to increase its capital to SL15 billion ($300 million). A private Syrian-Qatari bank, The QNB-Syria offers a full ra More… |
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Global Investments to hike capital by 76pcShareholders of Kuwait's Global Investment House approved a 76-per cent capital hike worth around $346 million on Wednesday. This will raise the capital of Global, one of the Gulf Arab state's biggest investment firms, to KD231.24 million More… |
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Jazeera Airways to raise capital by 91pcKuwait's carrier Jazeera Airways, which is considering acquisitions, plans to raise its capital by 91 percent through a rights issue, the company said on Sunday. The low-cost airline's board has decided to recommend to shareholders More… |
