Published: Jul 20, 2014
Source: MSM


Email this story Print this page zoomin zoomout

OMINVEST - Disclosure on Possible Strategic Arrangements

Oman International Development and Investment Company SAOG (Ominvest) would like to disclose that it has written to Oman National Investment Corporation Holding SAOG (ONIC Holding) to explore a possibility to form a strategic arrangement between the two organisations, which is subject to both institutions agreeing on the terms of the transaction and subsequent board of directors, shareholders and regulatory approvals.  Ominvest will update on any developments.

Middle East Stock Markets

Index Last Change %Change
TASI 5,891.91 +9.47 0.16%
ADI 4,265.83 +1.39 0.03%
DFMGI 3,304.20 -32.56 -0.98%
QE 10,362.69 -41.51 -0.40%
KSE 5,403.70 +14.69 0.27%
MSM30... 5,513.700 -9.160 -0.17%
ASE... 2,101.13 -6.05 -0.29%

Recent Analyst Actions  >>

Company Price Opinion
Abdullah Al Othaim Markets 125.60 Overweight
The Saudi British Bank 27.30 Strong Buy
Saudi Telecom Co. 68.90 Overweight
Abdul Mohsen Al-Hokair Group 40.50 Overweight
Bupa Arabia for Cooperative 137.60 Overweight

Markets Today Quick Links


Get all the latest updates about the GCC & Global Markets directly to your email