Bahrain market knocks at 1,100 points
- Bahrain: Wednesday, February 27 - 2013 at 16:33
The Manama-based Bahrain All-Share Index finished 0.11% higher at 1.097.26 points Wednesday. Gulf Finance House surged 8% to reach $0.135. Arig Insurance Group fell 2.70% to $0.36. Al Salam Bank Bahrain ended off 2.38% at BD0.082. Earlier in the day, Al Salam Bank said it recently distributed first quarterly returns to its investors who participated in the restricted wakala investment. The restricted wakala investment relates to sale and leaseback of a new Boeing 777-300ER to Emirates in Nov. 2012. The quarterly returns translate into an annual net cash yield of 9%.
- BlackBerry fans in UAE to be the first...
- BlackBerry gears up to open first Middle East...
- Iran plans national fleet expansion
- Gamification hits the Middle East
- Forum International introduces www....
- Twofour54 Briefing Room connects companies with...
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by Mediaquest FZ LLC and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
Mediaquest FZ LLC can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of Mediaquest FZ LLC.
In no event shall Mediaquest FZ LLC be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.