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Borrowing costs for Gulf issuers are already falling since Sunday's announcement
Bank and corporate issuance from the country has surged in 2026
Bank's $1bn sukuk continues the AT1 deluge despite resumption of air strikes
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Manama, Bahrain - 23 January 2012 - The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD18 million issue, which carries a maturity of 91 days, has been subscribed by 208%.
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QIB's Board of Directors held a meeting today to discuss the financial results for the year ending December 31st, 2011 and has announced net profits reaching QR 1.365 billion, an increase of 8% compared to 2010. QIB Board of Directors proposed a 45 % Cash Profit Distribution to shareholders, subject to the approval of Qatar Central Bank and to be discussed in the next meeting of QIB General Assembly.