IFC Oman Board Reviews Framework to Boost Investment Attractiveness
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
The Board of Directors of the International Financial Centre of Oman met to review the Centre's legislative, regulatory, and operational framework. The meeting emphasized the need to enhance investment attractiveness and create a stable business environment capable of attracting international financial institutions. This Centre was established under Royal Decree No. (8/2026).
From timesofoman.com
Why it matters
The establishment of the International Financial Centre of Oman is part of the Sultanate of Oman's strategy to diversify its national economy. The Centre aims to enhance Oman's position as a global hub for financial services and attract capital and innovation.
The IFC in Oman is aligning with international standards and is under monitoring by the International Monetary Fund and Financial Action Task Force.
From timesofoman.com