VOL. XXXVIII

NO. 29

17-APRIL-1995

Financial and Banking News

Investment News

New Investment Funds Mooted For Oman

Two new Oman investment funds are expected to be set up in the near future.One is being organized by Bahrain International Bank and Bank Muscat al-Ahlial-Omani, and the other by Gibcorp and Oman Emirates Investment Company. Gibcorpis an Omani joint venture between Bahrain-based Gulf International Bank andOminvest, a local financial company.