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Bahrain said to raise $500m as it awaits support from Gulf allies

Bahrain has raised $500 million from a private placement of bonds with five regional banks, giving the island-kingdom much-needed relief as it negotiates crucial financial support with its Gulf Arab allies. The bonds were placed with Bank ABC, Emirates NBD, Kuwait Finance House, Noor Bank and Sharjah Islamic Bank, according…

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Click here to read the full story: Arabian Business

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