Investcorp, a Bahrain-based investment firm, said on Sunday its online portfolio unit Skrill bought Austrian firm paysafecard.com for up to 140 million euros ($177.67 million), betting on growth in online retail sector.
July 1, 2012 5:03
The bond, Bahrain's first conventional issue since 2010, was launched at a spread of 437.5 basis points over midswaps; earlier guidance had signalled the deal would price between that level and 450 bps over midswaps.
June 27, 2012 7:18
GIB aims to diversify funding sources; Bank is 97 percent owned by Saudi government; Sukuk issue seen in near future, depends on markets - CEO
May 27, 2012 5:14
Saudi Arabia’s thrust for a Gulf Union, driven by fear of Arab Spring contagion and spreading Iranian influence, has stumbled…
May 20, 2012 9:37