VOL. XLIII

No. 30

24-July-2000

BAHRAIN

Bahrains Al-Ahli Commercial Bank And United Bank Of Kuwait Plan To Merge

Bahrains Al-Ahli Commercial Bank and the London-based United Bank of Kuwait (UBK) are set to merge by August and will be listed on the Bahrain stock exchange. According to the Bahrain Tribune on 15 July, the merger should be formalized after approval from the shareholders of the two banks. "The meeting of the constituent general assembly seeking formal approval from shareholders is due...