Muscat: The Saudi Council of Ministers has approved a license for Sohar International Bank to open a branch to conduct banking business in the Kingdom of Saudi Arabia.
“The Council of Ministers approved the license for Sohar International Bank to open a branch for it to conduct banking business in the Kingdom, and authorising His Excellency the Minister of Finance to decide on any subsequent request to open other branches of the bank in the Kingdom,” Saudi Press Agency said in a statement.