‘Hariri Deal’ to Increase ‘SSC’ Arab Bank Shares to 20%

تم نشره في Sun 1 January / Jan 2017. 11:20 PM
  • The Arab Bank Headquarters in Amman - (Archives)

AMMAN —AlGhad— Informed sources stated to “AlGhad” the purchase of the Hariri ‘Saudi Oger Middle East Holding’ shares in the Arab Bank, by the Social Security Corporation (SSC), whose shares will grow from 16 to 20 per cent within a few weeks, among other investors, including the Board Chairman, Sabeih Masri.

Arab Bank stocks went up 1.15 per cent, Saturday, in the Amman Stock Exchange market, closing JOD6.15 per share, meanwhile, the Bank’s profit after tax and interest USD617.9 million by July, 2016, compared to USD615.1 million for the same period in 2015.