Financial and Banking News

Capital Markets

Insiders Buy Government Shares In Kuwait's Al-Ahli Bank

The Chairman and the Vice President of Kuwait's Al-Ahli Bank bought the 60mnshares in the bank auctioned by the Kuwaiti Government on 5 December. Mr. AliMurad Behbehani, the son of the Chairman, Mr. Murad Yousef Behbehani, bought30mn shares on behalf of his father for KD0.171 ($0.58) per share, and theKuwait & Middle East Financial Investment Company bought...