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EIB cuts stake in Khaleeji Commercial

EIB cuts stake in Khaleeji Commercial
Photo Credit: Arabianeye-Reuters
Emirates Islamic
EIB
-5.65% 10.85 -0.65
KHALEEJI
KHALEEJI
0.00% 0.08 0.00

Mubasher: Dubai-listed Emirates Islamic Bank (EIB) reduced its stake in Bahrain-listed Khaleeji Commercial Bank to 8.569%, according to a bourse filing.

EIB sold more than 500,000 shares of its stake in Khaleeji Commercial for BHD 32,500 at 65 fils per share.

EIB’s stake in Khaleeji Commercial reached 85.686 million shares.