VOL. XXXVII

NO. 49

5-SEPTEMBER-1994

Regional Financing

Financing On Track For Al-Manah Power Station, Share Issue Expected

The public share issue for Oman's United Power Group (UPG), the consortiumbuilding the Al-Manah power station, is expected to be launched in earlyOctober. The issue will be for OR11.6mn ($30mn), representing about 41% of thecompany's capital. The remainder has been subscribed by the founders. The issueis being managed by Oman Investment Services, which is jointly owned by...