Financial and Banking News


USAID Grants Oman $5mn 

The United States Agency for International Development (USAID) has granted an additional $5mn to the Omani-American Joint Commission for Economic and Technical Cooperation, according to an agreement signed in early June. The accord represents the sixth US contribution to the joint commission since it was formed in 1980, bringing the total amount granted to $30mn. In addition, the US has provided development loans totalling...