Cargolux Airlines International signed a joint venture agreement with Oman Air in Muscat on April 16. The ceremony was attended by Mr. Bausch, the Minister for sustainable development and infrastructure.
He took the time to tell reporters that the two countries, Luxembourg and Oman, could do more to enhance cooperation and bilateral trade between them.
Oman is one of the leading Islamic finance centers and Luxembourg is “specialized” is this sector, which therefore represents the main potential area for cooperation, but generally there is a wider range of areas that can be improved.
In 2002, the Luxembourg Stock Exchange was the first to list Sukuk (the Islamic equivalent of bonds) in Europe. Since then the country has listed Sukuk from Pakistan, Malaysia, Saudi Arabia, etc... Islamic investment funds have been flourishing in Luxembourg.
Publié le 21 avril 2015
