NO. 7


Financial and Banking News

Capital Markets

Oman Government To Sell Shares In National Bank Of Oman

Oman's Ministry of Finance is to sell its 19.77% stake in National Bank ofOman through a public share issue. The shares will be sold through the Omanistock exchange. They will have a face value of OR1 ($2.6) and will be sold forOR1.1. A total of 3,954,000 shares will be sold. The flotation will begin on 15November and last until 13 January. The Ministry of Finance...