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FINANCIAL NEWS
Omani companies to sell shares
19 Feb 2014
(MENAFN) Some three Omani companies plan to sell shares to the public as the Muscat Securities Market plans to sell state-owned assets, according to Khaleej Times.
Ahmed Saleh Al Marhoon, MSM director general, said that one of the Sultanate’s financial institutions plans an initial public offering in the second half of the current year.
Oman, the largest non-Opec oil producer in the Arabian Peninsula, plans to sell holdings in some state-controlled assets.
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