Informed sources announced to "Al-Anbaa" newspaper that "Jiblah Holding" is making the last preparations to launch a new investment fund that will operate mainly in the services and industrial activities and invest in companies listed on Kuwait Stock Exchange and Gulf Markets and well as in non-listed companies.

"The preliminary capital of the Fund will average USD 50 Million; The Fund will be established in the Sultanate of Oman where will be launched at first and marketed on a later stage in the Gulf countries and the State of Kuwait through Vision Investment services Co, an Omani Company fully Owned by Jiblah Holding Co.", according to the sources.

These sources expected that the fund launch process will soon take place after obtaining all required licenses, implying that Jiblah may invest around USD 10 to 20 Million in this fund while the remaining amount will offered to strategic partners and important investors in the region and in Kuwait.