Page not found!
Sorry, the page you requested does not exist, it may have been deleted, changed its name, or it is currently unavailable. We apologize for any inconvenience this has caused, please press this link to resume browsing timesofoman.com
Key highlights of economic stimulus package approved by His Majesty| Times of Oman timesofoman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesofoman.com Daily Mail and Mail on Sunday newspapers.
ODB approved loans worth OMR303mn in past 5 years
By: ONA
Muscat: More than 35,000 development loans worth OMR303 million for various sectors have been approved by the Oman Development Bank (ODB) during the past five years at an annual increase of eight per cent a year in the Sultanate.
The bank has adopted the in-country value projects, which managed to create competitive products covering the local market and helped reduce the volume of imports and increased exports to raise the cash flows to the Sultanate.
The bank has also financed a number of activities in the education, health and tourism fields among other strategic sectors with the aim to lessen the burden on government in terms of service projects.