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EM debt investors had largely expected a debt treatment would be required
Undisclosed institutional shareholder sells stake in Wednesday evening ABB
The country is unlikely to issue new dollar bonds in the near future despite a big rally in yields
Underwriting left unused after deal is 33% oversubscribed
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Manama, Bahrain -18 October 2011 - The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 207.5%.
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The Kuala Lumpur Sessions Court today convicted and fined former chief executive officer of Inix Technologies Holdings Berhad (INIX) for authorising the furnishing of false statements in the company's prospectus and quarterly statements.
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Manama, Bahrain - xx October, 2011: Khaleeji Commercial Bank (KHCB), a prominent Bahrain-based Islamic retail bank, is announcing that it's migrating to ISO International Bank Account Number (IBAN) Standard for numbering of bank customer accounts that's effective as of now and will be compulsory from January 31st, 2012 as per the Directive issued by Central Bank of Bahrain .