VOL. XXXII
NO. 5
7-NOVEMBER-1988
Financial and Banking News
INVESTMENT ACTIVITIES
UAE Signs OPIC Accord with US
The UAE government has initialled an agreement which extends the coverageprovided by the US government-owned Overseas Private Investment Corporation (OPIC)to the UAE. OPIC insures American businesses from losses incurred by politicalcrises in foreign countries, a risk which is usually excluded by standardinsurance cover. OPIC agreements are in place with other GCC member statesexcept...
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