NO. 28


Financial and Banking News

Capital Markets

Oman Announces Moves To Open Economy To Private And Foreign Investment

The Director of Oman's stock exchange, Mr. Mahmud Jarwani, said on 2 Aprilthat during 1994 the government will sell shares in state-owned companies toprivate investors and link its stock market with Bahrain's by listingjoint-stock companies on both markets. He said that the agreement between Omanand Bahrain would be implemented before the end of the...