Financial and Banking News

AID FLOWS

US Grants $5mn for the Omani-American Joint Commission

The United States Agency for International Development (USAID) has granted an additional $5mn for the Omani-American Joint Commission for Economic and Technical Cooperation, according to an agreement signed on 12 March. This represents the fifth US contribution to the Commission since it was established in 1980, bringing the total amount granted to $25mn. In addition, the US has provided loans...