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Bahrain Bourse | P.O. Box: 3203 Manama - Kingdom of Bahrain | Phone: +973 17261260 | Fax: +973 17256362

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PERIODICAL PUBLICATION ISSUED BY BAHRAIN BOURSE

ISSUE 13

SEPTEMBER 2017

bahrainbourse.com

Bahrain Bourse (BHB) held the

official opening ceremony of Bah-

rain Clear on Monday, 17

th

July

2017 at the Bourse’s premises in the

presence of the Minister of Indus-

try, Commerce, and Tourism and

the Minister-In-Charge of Bahrain

Bourse H.E. Zayed bin Rashid Al-

zayani and the Governor of the

Central Bank of Bahrain H.E. Ra-

sheed Mohammed Al Maraj along

with the Chairman and Board

Bahrain Bourse announced on

Wednesday, 27

th

September 2017

the listing of United Gulf Holding

Company ‘UGH’ post reorgani-

zation of the activities of United

Gulf Bank ‘UGB’ as approved by

the CBB, under which UGH ac-

quired 100% the listed shares of

UGB. An agreement was signed

BAHRAIN CLEAR OPENS FOR BUSINESS

BAHRAIN BOURSE LISTS UNITED GULF HOLDING COMPANY POST 100%

ACQUISITION OF THE LISTED SHARES OF UNITED GULF BANK

AND ASSIGNS BAHRAIN CLEAR AS A SHARE REGISTRAR

Members of Bahrain Bourse and

Bahrain Clear, officials from listed

companies, and licensed brokers.

On this occasion, Mr. Abdulka-

reem Ahmed Bucheery, Chairman

of Bahrain Bourse and Chairman

of Bahrain Clear expressed his

pleasure for the inauguration of

Bahrain Clear that has been re-

cently been licensed by the Central

Bank of Bahrain. Mr. Bucheery said

that the inauguration of the com-

pany marks a milestone in the his-

tory of the capital markets sector in

the Kingdom of Bahrain, and is ex-

pected to attract more local and re-

gional investments to contribute to

enhancing investors’ confidence in

this sector, as well as aid in enhanc-

ing Bahrain’s capital market rating

by international indices providers.

( C on t i nu e d on Pa g e 2 )

HIGHLIGHTS

Bahrain Bourse and the Ministry of Education Sign a Cooperation Agreement Page 3 SICO Appointed as Authorized Sponsor on Bahrain Investment Market Page 4 Bahrain Bourse Receives the Korean Ambassador Page 5 Bahrain Bourse Hosts a Workshop on Information Security Page 9

between Bahrain Bourse and

United Gulf Holding Company

(UGH) to list the shares of the

restructured entity on Bahrain

Bourse (BHB) as of Thursday, 28

th

September 2017. Another agree-

ment was also signed between Bah-

rain Bourse and Bahrain Clear (a

fully owned subsidiary of Bahrain

Bourse) to assign Bahrain Clear

as a Share Registrar for the shares

of the company. The agreements

were signed by the Chief Executive

Officer of Bahrain Bourse Shaikh

Khalifa bin Ebrahim Al-Khalifa

and the Authorized Representa-

tive of UGH Mr. Hussain Lalani.

( Con t i nu e d on Pa g e 4 )