VOL. XXXVII

NO. 30

25 APRIL 1994

Financial and Banking News

Capital Markets

TAIB Bank To List Shares From 24 April

Shares in Bahrain-based TAIB Bank are to be traded on the Bahrain StockExchange (BSE) from 24 April. Shares may be purchased by investors of anynationality and there is no limit on the percentage of ownership which may passinto non-GCC hands. Most of the shares are currently held by Saudi investors.Mr. Iqbal Mamdani, the bank's chief operating officer, says that the listingwill provide...