VOL. XLII

No. 24

14-June-1999

OMAN

BankMuscat Mulls Launch Of Oman痴 First GDR

In a bid to increase its investor base, Bank MuscatInternational (BankMuscat) is mulling the launch of a global depositaryreceipt, which would be the first GDR out of Oman and the second in the wholeof the GCC. Joining Bahrain痴 Arab Insurance Group, BankMuscat will add to theincreasing number of Arab companies which are looking to tap the internationalmarket and are able to meet the stringent accounting and price...