Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 391%. Subscriptions worth BD 102 million were received for the BD 26 million issue, which carries a maturity of 182 days. The expected return on the issue, which begins on 3rd October 2024 and matures on April 3, 2025, is 5.70% compared to 5.94% of the previous issue onSeptember 5. The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue No.230 (BH0006175S62) of the short-term Sukuk Al Ijara series. Source: Bahrain News Agency
Jeddah to Host Second Round of Saudi Toyota Baja Championship
Jeddah:Jeddah is preparing to host the Jeddah Baja Toyota Rally, the second round of the Saudi Toyota Championship Baja, starting Wednesday, November 11.
According to Saudi Press Agency, the event is held under the supervision of the Saudi Automobil…