Gulf International Bank plans to issue floating rate notes with a lifespan of five years through a private placement in Saudi Arabia.
The ministry said on its Twitter account the explosion was in the mostly Shi’ite village of al-Maqshaa’, outside of the capital Manama.
The deal, estimated to be worth $5 billion, would be the largest banking transaction in the region for the past 20 years.
Both the hotels are scheduled to open in July 2014.
The mining sector, which includes oil production and accounts for over a fifth of GDP, led growth in the fourth quarter.
The incident took place near a government security building in the Adliya district.
Investcorp will provide capital to Eyck, a newly established investment manager founded by Khing Oei.
Prior to joining Batelco, Alan Whelan has worked in firms such as AT&T, BT and other telecom companies in India and Macao.
Debt holders tendered $136.1 million of bonds and Batelco agreed to buy back $131.4 million of them, a statement said.
The move comes as part of a broader push to revamp Bahrain’s efforts in Islamic finance.
Bahrain has weathered the most recent bout of volatility in global financial markets, the IMF said last week.
Defendants were accused of attacking two officers and of taking part in an illegal protest, according to their lawyer.
Batelco’s share of retail broadband subscribers has fallen to 20-30 per cent in 2012 from 70-80 per cent in 2008.
The company has offered to buy back up to $200 million in principal amount of its 4.25 per cent, $604.4 million guaranteed notes maturing in 2020.
Bahrain has experienced unrest over the past three years by majority Shi’ite Muslims demanding political reform.
Majid Al Futtaim plans to introduce a brace of brands in the two towers which connect with the shopping centre
Saudi Arabia’s Hanco and Bahrain’s Venture Capital Bank bought Byrne for around Dhs600 million.
The non-agreement on the structure and the valuation of the deal were the primary reasons to call off the merger, a statement said.
It was not immediately clear who planted the bomb or the extent of the damage.
The Islamic investment firm’s unit is in the process of selling a majority stake in English soccer club Leeds United.
Mumtalakat had $7.1 billion of assets under management at the end of September and holds stake in 40 firms in Bahrain’s non-oil sector.
The financial park and real estate project had been suspended for five years.
Bahrain, which has been seeing clashes between Shia and Sunni sects, accused Shi’ite Iran on Thursday of fomenting bloodshed in the kingdom.
The two children, aged 10 and 11, had been instructed by “terrorists” to plant a bomb in Daih, a ministry statement said.
They accused Doha of not implementing an agreement among GCC countries not to interfere in each others’ internal affairs.
In 2013, there were four separate examples of consolidation in the Bahraini banking sector.
The REIT will invest in between 15 and 35 properties and be managed by Swiss-based B&I Capital AG.
A bomb detonated during a protest in a village west of the capital Manama.
Regulators around the world are increasing their scrutiny of Islamic finance, including the boards of sharia scholars who rule on whether activities follow religious principles.
The investment firm made a net profit of $5.2 million in the three months to December 31.