TITLE

BRIEF

PUB. DATE
January 2004
SOURCE
Middle East;Jan2004, Issue 341, p41
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Middle East-based Saudi Oger company has acquired 11% of Arab Bank's shares for approximately $375 million. The company plans to retain most of the acquired stock and sell the rest to social security funds in the Kingdom and Jordan. The Bahrain Monetary Agency is launching a $50 million issue of Government Islamic leasing bonds. The upcoming issue carries a maturity of three years and minimum subscription has been set at $10,000, which is also the par value of each bond.
ACCESSION #
11812962

 

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