United Gulf Bank B.S.C. (UGB, the Bank) is a leading asset management, merchant and investment banking group, with operations spanning the Middle East and North Africa (MENA) region. From its home base in the Kingdom of Bahrain, and through its regional network of subsidiaries and affiliates, the Bank engages primarily in asset and fund management, merchant banking, private equity, and corporate finance. Other financial business activities include commercial banking, proprietary investments, treasury, brokerage, and savings and pensions. Through its non-financial associate companies, the Bank holds substantial investments in the real estate, healthcare and industrial sectors. Established in 1980, UGB operates under a conventional wholesale banking licence from the Central Bank of Bahrain, and is listed on the Bahrain Bourse. Over the past 35 years, the Bank has established a reputation for financial strength, sound governance, prudent management and depth of expertise. At the end of 2015, UGB reported total assets under management of US$ 10.7 Billion. UGB’s major financial subsidiaries and associates include: Burgan Bank K.P.S.C., KAMCO Investment Company K.S.C. (Public) (KAMCO), FIMBank p.l.c., North Africa Holding Company, United Gulf Financial Services – North Africa, Al Sharq Financial Brokerage Company, and Takaud Savings & Pensions Company B.S.C.(c). Non-financial associates include United Real Estate Company and United Capital Transport Company. A member of the KIPCO Group The KIPCO Group is one of the biggest holding companies in the Middle East and North Africa, with consolidated assets of US$ 32 billion as at 31 December 2015. The Group has significant ownership interests in over 60 companies operating across 24 countries. The Group’s main business sectors are financial services, media, real estate and manufacturing. Through its core companies, subsidiaries and affiliates, KIPCO also has interests in the education and medical sectors.