Friday 27 September 2024
 
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Capital increase

Ithmaar approves capital hike including $200m Tier 1 injection

Shareholders of Ithmaar Holding, a Bahrain-based holding company, have approved plans to increase the capital of the company including injection of Tier 1 Capital of up to $200 million.   The initiative that was

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Bank of Sharjah to boost its capital by $218m to $820m

Bank of Sharjah PJSC, a leading commercial bank in the UAE, will boost its capital by AED800 million ($218 million) to AED3 billion through the issue of 800 million new shares at par.    

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Saudi CMA sees over $26bn capital increase in 5 years

Saudi Arabia's Capital Market Authority (CMA) has approved, from January 2018 to the end of the first half of 2022, about 116 requests to increase listed companies' capital. The size of the capital increase surged by more than SR100 bi

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Maaden wins investors' nod for 100pc capital increase to $6.6bn

Saudi Arabian Mining Company (Maaden) has announced that it has won approval from its shareholders to increase the company's capital by 100% to SR24.6 billion ($6.6 billion) from the earlier figure of SR12.3 billion ($3.3 billion) through

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Maaden wins investors' nod for 100pc capital increase to $6.6bn

Saudi Arabian Mining Company (Maaden) has announced that it has won approval from its shareholders to increase the company's capital by 100% to SR24.6 billion ($6.6 billion) from the earlier figure of SR12.3 billion ($3.3 billion) through

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PetroRabigh’s rights issue to raise share capital steeply to $4.45bn

Rabigh Refining and Petrochemical Co (PetroRabigh), one of the world’s largest integrated refining and petrochemical facilities, has announced its intention to proceed with a steep capital increase through a rights issue. 

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PetroRabigh’s rights issue to raise share capital steeply to $4.45bn

Rabigh Refining and Petrochemical Co (PetroRabigh), one of the world’s largest integrated refining and petrochemical facilities, has announced its intention to proceed with a steep capital increase through a rights issue. 

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PetroRabigh’s rights issue to raise share capital steeply to $4.45bn

Rabigh Refining and Petrochemical Co (PetroRabigh), one of the world’s largest integrated refining and petrochemical facilities, has announced its intention to proceed with a steep capital increase through a rights issue. 

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Arab Financial Services to raise $98m to support growth strategy

Aiming to propel revenue growth and strategic expansion, Arab Financial Services Company (AFS) will increase its authorised share capital to $150 million and its issued and paid-up share capital to $98 million.  

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Kuwait's Burgan Bank capital increase oversubscribed 220pc

Burgan Bank has successfully completed its capital increase through a rights issue of KD71.25 million ($235.43 million), which was oversubscribed 220%.   The issue to support the bank’s business growth and

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