VOL. XLII

No 48

29-November-1999

BAHRAIN

Al-Ahli Forms Joint Venture Consultancy With Australiaç—´Infrastructure Project Group

Bahrain-based Al-Ahli Bank announced on 22 November that itwill create a joint venture with Infrastructure Project Group Pty. Ltd (IPG) ofAustralia to provide consultancy services in the Middle East. Al-AhliInfrastructure Group will be based in Bahrain and offer strategic financialconsultancy services focusing on privately funded infrastructure.

According to Mr. Michael...