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Oman News

ODB funds 4 projects worth OMR 10 million

The Board of Directors of Oman Development Bank (ODB) approved the funding of 4 projects in the sectors of converting industries and food security to the tune of OMR 10.2 million.

Oman News Agency

info@thearabianstories.com

Monday, September 11, 2023

Muscat – ODB’s approval came during the board’s 6th meeting for 2023, which was held under the chairmanship of Eng. Mohammed Abu Bakr Al Ghassani, Chairman of the Board of Directors of ODB.
Al Ghassani affirmed that increasing the lending ceiling contributed to funding projects with high in-country value (ICV). The projects will also boost growth in promising economic sectors, he added.

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