No. 52



Muhammad Musa Buys ANZ Grindlays Operation In Oman

MEES understands that Oman's Minister of Planning, Mr. Muhammad Musa, has bought ANZ Grindlays operation in Oman and that he plans to set up a new bank with a share capital of OR20mn ($52mn). The name of the new bank has not been released as yet. Mr. Musa has obtained the services of his former associate Mr. David Wilson to run Onyx Holdings, one of Mr. Musa's commercial interests, which it is...