Global Omani Development & Investment Company (GLOREI)

Offering Size: USD 113 million
Country: Sultanate of Oman
Nature of Investment: Business Development - Investment
Year: 2007

Established in 2007, with a paid-up capital of USD 113 million, GLOREI is designed to take advantage of the growing activity in Oman’s various economic sectors and benefit from its numerous untapped business opportunities. Key developments in 2008 include formal licensing of the Company, the establishment of a Board of Directors, the appointment of the Chief Executive Officer and securing a small portfolio of assets.

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