Saturday 22, November 2008 by

Oman sets up investment fund to bolster stock market

HE Maqbool Ali Sultan, Minister of Commerce and Industry revealed that the Omani government will establish an investment fund with a capital of OMR 150 million ($389.6 million) with a 60 per cent (OMR 90 million) participation by the government and 40 per cent (OMR 60 million) by the private sector and pension funds.

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