Middle East Economic Survey

VOL. LIII

No 31

2-Aug-2010

OMAN

Omans EHC To Acquire Remaining Shares Of Dhofar Power Company

Omans Electricity Holding Company (EHC) obtained approval from the Capital Market Authority (CMA) to acquire 100% of the shares of Dhofar Power Company, a local power generation, transmission and distribution company, Dhofar Power said in a statement on the Muscat bourse website on 27 July. EHC is a major shareholder of the company, owning 69.42% of the issued and paid up...