trending Market Intelligence /marketintelligence/en/news-insights/trending/6kcqa8rxu4q23g0o_y3dyg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Commercial Bank to launch rights issue Jan. 8

Street Talk Episode 52 - A bank's 'knife fight' to stay high performing in a low rate environment

Streaming Media Devices Feel The Squeeze In Q3'19

AT&T To Use Wireless Subs To Create Buzz For HBO

Municipal CUSIP Requests On Pace For Record Year, Thanks To October Issuance Surge

Commercial Bank to launch rights issue Jan. 8

Commercial Bank (Q.S.C.) on Dec. 29 said the subscription period for its approximately 1.5 billion rial rights issue will run from Jan. 8, 2017, to Jan. 22, 2017.

The lender is offering 58,823,529 new ordinary shares for subscription at a price of 25.50 rials per share. Following the capital hike, the bank will increase its issued share capital to 3.85 billion rials from 3.27 billion rials.

The rights issue price comprises a nominal value of 10 rials per share and a share premium of 15.5 rials per share.

As of Dec. 29, US$1 was equivalent to 3.64 Qatari rials.