The Kuwait Finance House Bank (KFH) announced that it has received approval from the Central Bank of Kuwait to acquire 100% of the shares of Ahli United Bank of Bahrain.

KFH said in a statement to the Kuwait Stock Exchange, today, Wednesday, that the bank's board of directors will meet today after the end of the trading session; To discuss the acquisition project.

The Board of Directors of KFH will, today, review the book of the Central Bank of Kuwait and the book of the Competition Protection Authority.

The Bank stated that it will disclose the results of the Board of Directors meeting, as well as any new or influential developments regarding the above subject.