NO. 52


Financial and Banking News

Regional Banking

Gulf International Bank to Have Presence in Oman and Abu Dhabi

Bahrain-based Gulf International Bank (GIB), which is owned by the six GCCstates and Iraq, has formed a joint venture investment company, Gibcorp, in Omanand has announced that it is to have a representative office in Abu Dhabi. Themoves were planned before the invasion of Kuwait and are part of GIB's long-termand continuing aim to establish presences in its...