VOL. XLII

No. 37

13-September-1999

OMAN

Omani Brokerages Discuss Possible Merger

In a move signalling further consolidation in Oman痴financial sector, Al-Ahlia Securities and Global Financial Investments are indiscussions over a possible merger, a source at one of the companies told MEES.The source said the boards of the two companies had given their backing, inprinciple, for the move, but as yet "the modalities have not beenfinalized." Although no concrete decisions have been made regarding the...