Middle East Economic Survey

VOL. XLVIII

No 15

11-April-2005

REGIONAL

GIC To Launch Gulf Bonds Fund

Kuwait-based Gulf Investment Corporation (GIC) is in the process of launching a special Gulf Bonds Fund. The fund, the first of its kind in the GCC and the Middle East, will invest in government and quasi-government bonds as well as corporate and financial institutions bonds. The head of the GIC Bonds Department 'Abd al-'Aziz al-Mullah said the fund was part of GICs strategy to enhance Gulf stock...