Tuesday, 24 November 2009 | 07:23 UAE time
COMPANIES
United Gulf Bank
- +290.00 Last
- +10.00 (+3.57%) Today's Change
- 10,000 Volume
- 280.00-495.00 52 Week Range
- -35.00 (-10.77%) 52 Week Change
COMPANY DESCRIPTION
United Gulf Bank, the investment banking arm of Kuwait Projects Company (KIPCO), operates as a Pan Arab universal bank in 11 countries in the Middle East and North Africa region. It offers an entire range of investment banking and wealth and asset management services from its home base in Bahrain as well as from its investment banking network in Kuwait and Qatar (and soon from the UAE). UGB offers commercial banking facilities from its commercial banking network in Algeria, Iraq, Jordan, Syria, Palestine, Cyprus and Tunisia.UGB was founded in Bahrain in March 1980, is regulated by the Central Bank of Bahrain as a wholesale bank and has a long term investment grade rating by Moody's (Baa3) and Capital Intelligence (BBB+).
As of 30 September 2007 assets under management exceeded USD 7.7 billion.
KEY INFORMATION
Industry
Asset Management, Investment Banks
Address
UGB Tower, Diplomatic Area, 5964, Manama, Bahrain
T
973 17533233
F
973 17533137
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | March 1980 | - |
MAJOR SHAREHOLDERS
| Name | Country | ||
|---|---|---|---|
| Kuwait Projects Company - Kuwait | companies | 89.67 | Kuwait |
PORTFOLIO
| Name | Country |
|---|---|
| Dhiyafa Holding Company | Kuwait |
| Dhow Development Company - Kuwait | Kuwait |
| Jordan Kuwait Bank | Jordan |
| KIPCO Asset Management Company | Kuwait |
| Manafae Investment Company | Kuwait |
| Syria Gulf Bank | Syria |
| Tunis International Bank | Tunisia |
| United Networks | Kuwait |
| United Gulf Bank Securities Company | Bahrain |
| United Gulf Financial Services Company | Qatar |
| United Medical Services Company | Kuwait |
| United Real Estate Company - Kuwait | Kuwait |
| United Universal Real Estate Company | Kuwait |
| United Warehousing and Cooling | Kuwait |
| Kuwait Private Equity Opportunities Fund | Kuwait |
| Millennium Finance Corporation | UAE |
| Al Sharq Financial Brokerage Company | Kuwait |
| North Africa Holding Company | Kuwait |
| Syrian Kuwaiti Insurance Company | Syria |
| Royal Capital | UAE |
| Kuwait Projects Company - Kuwait | Kuwait |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Faisal Hamad Mubarak Al Hamad Al Ayyar | Chairman |
| Hamad Sabah Al Ahmed Al Sabah | Vice Chairman |
| Massoud Mahmoud Jawhar Hayat | Board Member |
| Abdullah Nasser Sabah Al Ahmad Al Sabah | Board Member |
| Mubarak Mohammed Jassim Al Maskati | Board Member |
| Samer Khinshat | Board Member |
| MANAGEMENT | Position |
| William Khouri | Chief Executive Officer |
| Mohammed Haroon | Deputy Chief Executive Officer |
| Massoud Mahmoud Jawhar Hayat | Managing Director |
| Hussein A. Al Lalani | Chief Financial Officer |
| Jawad Al Asfoor | Senior Vice President - Head of Treasury |
| Amine P. Fehmi | Senior Vice President - Head of Financial Institutions and Marketing |
| Ghulam Ahmad Mohatarem | Senior Vice President - Head of Operations and Support Services |
| Younes Brouche | Senior Vice President - Head of Core Investments |
| Mohammed Radhi Al Qumaish | Vice President - Head of Internal Audit and Quality Assurance |
| Sawsan Siddiqui | Vice President - Head of Information Technology |
| Syrous Amirpashaie | Vice President - Asset Management |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Project Finance Manager, Abu Dhabi, UAE
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- Internal Audit Manager, Abu Dhabi, UAE
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Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details.
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