{
  "id": 8858464,
  "title": "AlRayan Investment successfully advises on Baladna’s QR536m rights issue",
  "url": "https://urgent.news/2026/09/21/alrayan-investment-successfully-advises-on-baladnas-qr536m-rights",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-21T06:21:35.000Z",
  "source": {
    "name": "The Peninsula Qatar Business",
    "slug": "the-peninsula-qatar-business",
    "url": "https://thepeninsulaqatar.com/article/21/09/2026/alrayan-investment-successfully-advises-on-baladnas-qr536m-rights-issue"
  },
  "original_language": "en",
  "account": "Doha, Qatar witnessed the successful completion of Baladna's QR536 million rights issue, marking one of the largest capital increases on the Qatar Stock Exchange in recent years. AlRayan Investment (ARI), the exclusive offering manager, handled the transaction from start to finish, reinforcing its leadership in Qatar's equity capital markets.\n\nThe issuance expanded Baladna's share capital by 25% to QR2,68 billion, with every new share being placed in full. The transaction attracted significant investor interest as it was fully absorbed within the first trading day. Baladna's shares closed the session 1.5% higher, indicating strong market confidence in the company.\n\nThe milestone transaction occurred under the new Offering, Listing, and Mergers and Acquisitions Rules introduced by the Qatar Financial Markets Authority in December 2025. ARI's successful execution was celebrated with a bell ringing ceremony at the Qatar Stock Exchange.\n\nCommenting on the transaction, Akber Khan, Senior Executive Function of ARI, expressed pride in having advised Baladna on this monumental equity capital markets transaction. Saifullah Khan, Group Chief Financial Officer of Baladna, emphasized the importance of the capital increase in strengthening the company's financial foundation for future growth, both domestically and internationally.\n\nEstablished in 2007, AlRayan Investment LLC is a multi-award winning investment firm, specializing in corporate advisory and asset management. ARI, wholly owned by AlRayan Bank, is authorized by the QFC Regulatory Authority and licensed by the Qatar Financial Markets Authority, adhering to Sharia principles in all its operations.",
  "summary": "<p>Doha, Qatar: AlRayan Investment is proud to announce the successful completion of the landmark rights issue of Baladna, Qatar’s largest dairy and beverage producer — one of the largest capital increases on the Qatar Stock Exchange in the last few years, and the first rights issues executed under the Qatar Financial Markets Authority’s new Offering, Listing, and Mergers and Acquisitions Rules…",
  "key_points": [
    "AlRayan Investment advised on Baladna's QR536m rights issue.",
    "Transaction expanded Baladna's share capital by 25%.",
    "Issuance attracted significant investor interest and was fully absorbed."
  ],
  "editors_take": "This deal cements AlRayan Investment's leadership in Qatar's equity capital markets and strengthens Baladna's financial foundation for future domestic and international growth.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}