Fincorp takes 20% Osool stake

6th Sep 2005, 09:17 GMT

Oman-based Fincorp has acquired a 20% stake in Osool Investment, a new brokerage and asset management company based in Jordan. The other 80% of Osool is held by Jordanian and regional investors. Osool has mapped out plans to initially establish operations in Egypt and Palestine, and later to expand into GCC markets. [AMEInfo.com]