Thursday 30 July 2015
 
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BHB opens subscription for $394m bonds

A BD150 million ($394.9 million) Government Development Bond issue yesterday (July 26) opened to direct subscription through the primary market, Bahrain Bourse (BHB) announced in a statement. Bahraini and non-Bahraini investors ca

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Bahrain Bourse opens $530m sukuk subscription

A government Islamic lease (Sukuk Al Ijara) issue floated to raise BD200 million ($530 million) is open to direct subscription by retail investors, the Bahrain Bourse (BHB) announced. Both Bahraini and non-Bahraini investors can s

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Iclfix launches promotion with Uber

Iclfix, a leading Internet streaming service in Mena, is rewarding first time subscribers by offering them a premium ride with Uber, the smartphone technology company that links riders to drivers, when they sign up to Iclfix.com.

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Bahrain offers direct subscription to govt sukuks

Bahrain Bourse (BHB) has announced that from today (January 11) investors can directly subscribe to the Government Islamic Lease Securities (sukuk) in the primary market through registered brokers at the bourse. The subscription p

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Nail the Deal subscription base grows 19pc

Dubai-based Nail the Deal, a leading online retail portal in the Middle East and part of Cosmos Creative Services, has recorded a 19 per cent increase in its subscription base in 2014. “Daily deals or group buying websites h

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DMI launches new service for Dubai Sports Premium

Dubai Media Incorporated (DMI), a leading media organisation and TV broadcaster in the Middle East and North Africa (Mena) region, has launched a new subscription OTT service for registered users, according to a report. The users

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Omani ceramics firm opens $20m IPO

Leading Omani tile manufacturer Al Maha Ceramics has opened a RO8-million ($20 million) initial public offering (IPO) of shares to be listed and traded on the Muscat Securities Market for subscription. Dentons and its Omani associ

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Zain Bahrain extends IPO subscription period

Zain Bahrain, a leading telecom company in the kingdom, has extended the subscription period for its initial public offering (IPO) until the end of this month. The IPO started on September 2 and was initially supposed to close yes

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Bahrain’s mobile broadband users surge

Mobile broadband accounts for almost nine out of 10 Internet subscriptions in Bahrain, according to figures released by the Telecommunications Regulatory Authority (TRA). Of the 1.63 million broadband subscriptions recorded last y

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Saudi IPO subscriptions plunge 53pc in Q1

The subscriptions to initial public offerings (IPOs) in the Saudi stock market plunged 53 per cent in the first six months to SR1.2 billion ($319 million) from SR2.5 billion during the same period last year, said

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