VOL. XLV
No 30
29-July-2002
JORDAN
Iraqi-Born Investor Raises Stake In Bank Of Jordan To 10%
Iraqi-born British investor Nadhmi Ouchi has increased hisstake in Bank of Jordan to 10% following the acquisition on 21 July of 3.456mnshares of the bank at a price of JD2.55 ($3.59) on the 'Amman Stock Exchange,in a dealworth JD8.83mn ($12.44mn). Theshares were bought through Parcip, a subsidiary ofGeneral Mediterranean Holding Company, which Mr Ouchi owns. He has other investments worldwide including...
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