Oman
Oman enacts new law to combat money laundering
OMAN - Oman has enacted a new law was being enacted to combat money laundering, said a senior official.
Oman to enforce anti-money laundering law soon
OMAN - Dr. Sheikh Abdul Malik bin Abdullah al Hinai, Undersecretary for Economic Affairs, said the Sultanate will shortly apply a law to combat money laundering.
Central Bank of Oman - Annual Report 2000
ANNUAL REPORT - The Central Bank of Oman has published its Annual Report for the year ended 2000.
Gulf to make dollar peg to monetary union-report
BAHRAIN - Members of the Gulf Cooperation Council have agreed to adopt the U.S. dollar as the sole peg for a proposed single currency for the group, senior GCC official said in remarks published by Bahraini newspapers on Apr 22.
Qatar comes to defence of Lebanese pound with $60m
LEBANON - Qatar joined a Gulf Arab consortium in defending the Lebanese pound by pledging to deposit $60 million with Banque du Liban, local newspapers said on Apr 18.
Oman $50 million boost for Lebanese cbank reserves
LEBANON - Oman deposited $50 million with Lebanon's central bank on Apr 6 to boost foreign currency reserves and to express its support for the government's economic measures, reported the local Daily Star newspaper.
Oman central bank to host supervision seminar
OMAN - The Central Bank of Oman will host a regional seminar on banking supervision organised by Switzerland's Financial Stability Institute of the Bank for International settlements.
Oman poised to tighten loan rules again
Barely five months after easing the regulations for personal bank loans, the Central Bank of Oman seems poised to tighten them again.
Oman allows banks to sell insurance policies
The Central Bank of Oman (CBO) has allowed commercial banks operating in Oman to sell insurance policies in partnership with any insurance companies in the Sultanate. However, the Central Bank has stipulated that the policies must be sold by the…
Oman modifies commercial banking laws
Oman said yesterday it has amended some of its commercial banking laws to meet the requirements of new economic developments.
Oman modifies commercial banking laws
Oman said on Saturday it has amended some of its commercial banking laws to meet the requirements of new economic developments.
Oman cenbank plans Electronic Fund Transfer system
Oman's central bank proposes to introduce Electronic Funds Transfer system to facilitate faster and accurate domestic inter-bank payments.