VOL. XXXIV

NO. 50

16-SEPTEMBER-1991

Financial and Banking News

Regional Banking

Chairman of Niscorp Seeks Speedy Liquidation

The chairman of Abu Dhabi-based National Securities and InvestmentCorporation (Niscorp), Mr. Muhammad 'Abd al-Jalil Fahim, says that he hopes towind up the company as soon as possible, following the revelation of lossestotalling some Dh120mn. Abu Dhabi regulations require three weeks notice to begiven for such a meeting, but Mr. Fahim is asking for a dispensation which would...