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.comBahrain 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 9between 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 )