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GOIC & FINCORP sign an agreement for cooperation in industrial investment projects

The Gulf Organization for Industrial Consulting and FINCORP Investment Holding intend to form Gulf Investment Holding Company with an initial paid up capital of $5m for the purpose of promoting and investing in potential investment opportunities introduced by GOIC and FINCORP.

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GOIC and FINCORP will sign on Sunday, 23 March 2008 an agreement for Co-operation in Industrial Investment Projects in the GCC.

This agreement is pursuant to the MOU signed in April 2007 between GOIC and FINCORP on Strategic Cooperation between the two parties.

The articles of the agreement will cover a group of fields of mutual cooperation between GOIC and FINCORP including project study, project development, and management covering activities of project identification studies; project profiles; market studies; pre-feasibility and feasibility studies; project development and promotion; and project implementation.
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