Business

CBB Treasury Bills Oversubscribed by 124% as Demand Surges

Manama: This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 124%. The bills, with a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB) on behalf of the Government of the Kingdom of Bahrain. The iss…

BENEFIT Approves 10% Dividend, Outlines Strategic Plan

Manama: BENEFIT, the Kingdom’s leading fintech and electronic financial transactions service provider, recently held its Annual General Meeting (AGM) where shareholders approved all items on the agenda, including a 10% cash dividend on paid-up share c…

BENEFIT Approves 10% Dividend, Outlines Strategic Plan

Manama: BENEFIT, the Kingdom’s leading fintech and electronic financial transactions service provider, recently held its Annual General Meeting (AGM) where shareholders approved all items on the agenda, including a 10% cash dividend on paid-up share c…

CBB Sukuk Al Salam Securities Oversubscribed by 206%

Manama: The Central Bank of Bahrain (CBB) has announced that the latest monthly issuance of the Sukuk Al Salam Islamic securities has been oversubscribed by an impressive 206%.

According to Bahrain News Agency, subscriptions amounting to BD 88.783 …