| 25.10.2010 - Oman's new bank to launch IPO next year |
| From Tradearabia.com: Oman's Al Izz International Bank, a lender under formation in the sultanate, plans to launch an initial public offering (IPO) in the third-quarter of 2011, its spokesman said on Sunday. The new financial institution, which got the central bank's nod in September, will have a capital of 100 million rials ($259.7 million) and expects to begin operations after the IPO issue..............................................Full Article: Source |