Middle East Economic Survey

VOL. XLVIII

No 16

18-April-2005

OMAN

Oman And Qatar Form Joint Investment Holding Company

The governments of Oman and Qatar, at a signing ceremony in Muscat on 10 April, agreed on the formation of a joint investment holding company, capitalized at OR30mn ($78mn). The two governments will each own 20% in the Qatar and Oman Investment Holding Company, with the remaining 60% held by the private sector. The accord was signed by business leaders from the two countries, in the...