VOL.XXXIXNo.65/66

23/30-December-1996KUWAIT

UBKSets Up Fund For Investment In UK Healthcare Market Banking

TheIslamic Investment Banking Unit of the London-based United Bank of Kuwait (UBK)announced last week the establishment of the Healthcare Fund Limited,Guernsey, to purchase and lease quality nursing homes to specialisthealthcare operators in the UK. The Fund will invest between 25mn and 50mnin the UK healthcare sector and has been set up to attract Middle Easterninstitutional and...