Financial and Banking News
Eight Banks Lend $34mn to Oman Refinery Company
Eight local and foreign banks signed a $34mn loan for the Oman RefineryCompany on 20 February. Bank Dhofar al-Omani al-Fransi was the lead bank. Otherparticipants were Banque Paribas (which owns 30% of Bank Dhofar), Bank of TokyoBahrain, National Bank of Abu Dhabi, Gulf International Bank, Bank of Muscat,Omani European Bank and Bank of Oman, Bahrain and Kuwait. The five-year...