VOL. XLIV

No. 28

9-July-2001

SYRIA

GulfInvest to Launch New Syria Investment Fund

GulfInvest International is to launch a new investment fund for Syria later in the year to be called the Syria Investment Trust Ltd. The fund will be established as an investment company specializing in direct investments in Syria with a targeted capital of $50mn and a minimum subscription of $250,000. It will be launched and opened to subscription in the final quarter of 2001, pending the appropriate authorization,...