VOL. XXXIV

NO. 6

12-NOVEMBER-1990

Financial and Banking News

Gulf Crisis

KIIC Hopes to Open UAE Branch by End of Month

Kuwait International Investment Company (KIIC) hopes to open a branch in theUAE by the end of November, according to the chairman of the board, Mr. Jasimal-Bahar. He says that the UAE financial authorities have agreed in principle tothe move and that final approvals are expected soon. The office, which willprobably be in Dubai, will require a staff of 30-40 and will remain...