Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- ADX names Mena start-up Thndr as remote retail trading member
- Mered expands UAE operations with new Abu Dhabi office
- Bahrain All Share Index closes lower, Islamic Index closes higher
- Burjeel reports 129% increase in Q2 net profit, revenue grows 18.7%
- Saudi Maaden H1 profit up 73% on higher sales; revenue hits $4.8bn
- IQ reports QR2bn net profit in H1, approves 26% interim dividend
- 65% Omanis in private sector earn less than RO600
- Local banks record higher credit issuance in June; reflects positive outlook on Qatar economy
- S&P Affirms China's Sovereign Credit Rating at A+ with Stable Outlook
- Saudi stock market may open to global investors, regulator says
04/08/2025 02:34 AST
Ahlibank has successfully concluded its rights issue, which was oversubscribed. The offering comprised approximately 357mn shares at a price of 142bz per share (including a 2bz issue expense per share), attracting strong participation from shareholders and significant interest across the investment community. This outcome reflects the strength of Ahlibank's market positioning and underscores its readiness to capitalise on emerging opportunities with greater agility and scale.
This landmark achievement marks a critical milestone for the bank, reinforcing its capital position and affirming shareholders' confidence in the bank's long-term growth strategy. It serves as a clear endorsement of Ahlibank's disciplined approach to transformation, operational agility, and strengthening its standing within an increasingly competitive banking landscape.
More than a financial transaction, the rights issue deepens alignment between shareholders and the bank's strategic vision, ensuring Ahlibank remains well-positioned to deliver sustainable value, drive performance-led growth, and navigate future opportunities with resilience and precision.
The capital raise forms part of a broader capital optimisation initiative aimed at enhancing the bank's financial flexibility and supporting its next phase of development. The funds will be directed towards executing core strategic initiatives and expanding the bank's lending capacity to stimulate business activity. These efforts will contribute to improving capital adequacy ratios, strengthening market resilience, and supporting the bank's objective of delivering superior value to its stakeholders.
This successful issuance not only reinforces confidence in Ahlibank's governance and institutional strength but also highlights the bank's forward-looking strategy. As the operating environment continues to evolve, Ahlibank remains committed to sustainable growth, disciplined execution, and market leadership.
With an enhanced capital structure and a future-oriented outlook, the bank is well-positioned to accelerate its growth trajectory and seize value-accretive opportunities across Oman.
Muscat Daily
15/06/2025
Demonstrating its growing leadership in Oman's capital markets, ahlibank, together with its Islamic window, ahli islamic, has successfully led the issuance of a RO100mn sovereign sukuk for the Govern
Muscat Daily
13/04/2025
Ahlibank's board of directors has accepted the merger proposal outlined in a letter of intent submitted by Sohar International Bank.
On Monday, Sohar International announced its intention to
Muscat Daily
16/10/2017
Ahli Bank has clocked a net profit of 19.8 million rials at the end of nine months this year as against 21 million rials in 2016.
Net loans and advances of the lender went up by 6.2 per ce
Oman Tribune
| Ticker | Price | Volume |
|---|
08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia