Our country Announce 25% Capital Boost

Al Bidda Company announced the completion of its capital increase by 25%, through the offering of 535.996 million new shares via rights issue. As a result, the authorized and paid-up capital increased from 2.144 billion Qatari Riyals to 2.680 billion Riyals. The offering was fully covered with a 100% subscription rate after all remaining shares were sold. The company's share price rose by 1.51%, closing at 1.28 Riyals, with the new shares beginning trading on the Qatar Stock Exchange. This capital increase supports the company’s strategy for expansion, increasing production capacity, and strengthening its presence in regional and international markets, reflecting investors’ confidence in the company's future.

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