VOL. XLV
No 3
21-January-2002
UAE/OMAN
UAE And Oman Release $19.5Mn SoftLoan To Oman & Emirates Investment Holding
The governments of the UAE andOman have released an interest free soft loan of OR7.5mn ($19.5mn) to Oman& Emirates Investment Holding Company (OEIHC), following a decision toprovide the funds in June 2001. OEIHC (which is 30% owned by the governments ofUAE and Oman, with the remainder publicly held) provides investment and relatedservices in the two countries. OEIHC was hurt...
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