Increasing Market Value of National Bank Raises Insurance Profits
2018-08-03 - 1:11 ص
Bahrain Mirror: The market value of Ahli United Bank (AUB) rose between June 25 and recently by 290.3 million BD, increasing from 1.8 billion to 2.1 billion, a period during which reports emerged and serious conversations were made about the bank's merger with Kuwait Finance House (KFH).
Consequently, the General Authority for Social Insurance (Bahrain) gained during one month about 29 million dinars following the rise in the share price of Ahli United Bank; having a share in the largest bank in the Kingdom of 10.02%. It is the only Bahraini government participation in the two financial entities.
اقرأ أيضا
- 2023-11-25S&P Revises Bahrain's Outlook to "Stable" on Fiscal Deficit Worries
- 2023-07-13Haj Sumoud Transferred from Dry Dock Prison to Al-Salmaniya Emergency Department after His Health Deteriorated
- 2023-06-22Bahraini Mumtalakat Buys Saudi McLaren's Stake
- 2023-05-18After Allocating $5 Billion Investment Fund, Is Bahrain Waiting New Saudi Support?
- 2022-09-21Abu Sa'afa Field Revenues Reach One Billion, 33 Million BD, Its Revenues Expected to Increase by 40% this Year