NO. 40


Financial and Banking News

Regional Banking

Financial Advisors' Contract for Qatar's Electricity and Water Expectedsoon

Qatar's newly-formed Electricity and Water Authority is expected to award afinancial advisory contract within the next few days. The four banks on theshortlist are Chase Investment Bank, Bankers Trust, S. G. Warburg and MorganGrenfell, which is bidding with Qatar National Bank (QNB). The principal task ofthe advisors will be to supervise the raising...