Middle East Economic Survey
Oman SWF Agrees To Buy Share In Indian Commodities Exchange
The Oman Investment Fund (OIF) sovereign wealth fund (SWF) and an unnamed hedge fund have agreed to buy part of the Indian National Stock Exchanges (NSEs) stake in Indias National Commodity & Derivatives Exchange (NCDEX), according to media reports of 23 May. The deal would value the bourse at around INR7bn ($154mn). OIF is expected to take 5% in the commodity exchange...