From Gulfnews.com: The Central Bank of Oman (CBO) has cleared a request by Sayed Asa’ad Bin Tarek Bin Taimour Al Saeed, Representative of Sultan Qaboos Bin Said, to set up a new commercial bank in the country.
The decision, to give the green signal to new bank — Al Izz International Bank — was taken at a meeting of the CBO Board of Governors on Tuesday evening……………………………………….Full Article: Source