July 13, 2010 – GIB Financial Services, the Riyadh-based subsidiary of U.S. Gulf International Bank B.S.C., will be the financial advisor, lead manager, and co-underwriter for a forthcoming initial public offering (IPO) for Abdullah A.M. Al-Khodari Sons Co. (Al-Khodari), a leading general contracting firm based in Dammam. The companies have received approval for the IPO from the Capital Market Authority, and will offer 30 percent of Al-Khodari’s shares to the general public in October.