May 2004
Middle East;May2004, Issue 345, p38
This article presents information on recent in several business enterprises in the Middle East. The Shari'ah Supervisory Committee of the International Islamic Financial Market has endorsed Tabreed Finance Corporation's $100m trust certificates. Abu Dhabi-based Oasis International Leasing Co. has consolidated its return to profitability, posting pre-tax net profits of Dh 4.69m in 2003, compared to a loss of Dh 8.53m during the previous year. Vintage Petroleum Inc. has reported that the An Nagyah #5 well in the Republic of Yemen has tested light oil from the sub-salt Upper Lam formation.


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