Qatar Oman Investment Company announces the results of its Board of Directors’ (BOD) meeting held on 27/5/2009 as follows:
1- Siraj Company
The Board discussed the latest progress on Siraj Co, Abu Dhabi: The Company is still awaiting approval from the competent authorities for licensing.
2- Aluminum Company
The Board discussed the latest progress of aluminum project: The Company is now in the final stages of registration and then will start working immediately
3- National Mass Housing Company
The Board discussed the latest progress on the National Mass Housing Company: The National Mass Housing formatted the Board of Directors, Executive Committee, and Audit Committee and hired Mr. Saleh al Ryami as a General Manger of the Company
4- AFFAQ Company
The Company will restructure to circumstances with the international financial crisis.
5- Progress on Muscat Doha Investment
The Board discussed the latest program on Muscat and Doha Investment Co. (under Establishment), which was renamed from Oman and Qatar Investment Co.
And they discussed updates of the feasibility study for establishing the company following the decision of the seventh and first meeting for 2009 dated on 24/2/2009( The company will be establish with limited shareholders ( closed Co )