Monday 20 April 2015
 
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capital

Bahrain's GFH wins investor nod for capital cut

Gulf Finance House (GFH), a leading Bahrain-based financial group, said it has won approval from the shareholders for a reduction in the group’s issued and paid-up capital. Announcing this on Sunday, GFH board chairman Dr Ah

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Middle East state spending throws lifeline to oilfield services

Oil majors may have slashed capital spending but national oil companies (NOCs) in the Middle East and North Africa show no sign of cutting investment, buoying oilfield services that the stock market has beaten down.  

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Gulf Capital wins ‘Firm of the Year’ award

Gulf Capital, an active alternative investment firm in the Middle East based in Abu Dhabi, won the ‘Firm of the Year’ honour at the Private Equity International annual global awards. Voting was completed by thousands o

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Capital markets to be reviewed at Bahrain seminar

A key seminar on capital markets will be held tomorrow (April 8) at the Bahrain Bourse. Organised jointly by the Economic Development Board (EDB) and the BIBF, the evening seminar is titled, ‘Capital markets the way forward,

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Capital Club Bahrain launches ‘Happometer’

Capital Club Bahrain has launched Happometer – a cloud platform aimed at optimising members’ feedback on-the-spot, and facilitating the delivery of best-in-class services and experience. Signature Clubs International,

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Khaleeji Commercial plans to reduce paid up capital

Shareholders of Khaleeji Commercial Bank (KHCB) have approved reducing the bank's paid up capital by 13.36 per cent, from BD115.4 ($303.8 million) to BD100 million through decreasing the number of shares from 1.1 billion to 1 billion shares,

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Sico approves 9pc cash dividend

Securities and Investment Company (Sico), licensed by the Central Bank of Bahrain (CBB) as a conventional wholesale bank, has approved the payment of a cash dividend of BD3.86 million ($10.1 million), representing nine per cent of the paid-up ca

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CBQ shareholders approve up to $1bn capital raising

Shareholders of Commercial Bank of Qatar (CBQ) have approved the issue of up to $1 billion in capital-raising instruments, the bank said on Thursday. The annual shareholders' meeting of the Gulf Arab state's second-largest

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Egypt's $300bn project: A new capital or a pipedream?

It is a project as ambitious as Egypt's ancient pyramids. Built from scratch to escape Cairo's choking pollution, a planned new capital will feature an airport larger than London's Heathrow, a building taller than Paris's Eiffel

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Egypt's $300bn project: A new capital or a pipedream?

It is a project as ambitious as Egypt's ancient pyramids. Built from scratch to escape Cairo's choking pollution, a planned new capital will feature an airport larger than London's Heathrow, a building taller than Paris's Eiffel

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