Oman Development Bank approves development loans worth RO 14 million

The Board of Directors of Oman Development Bank (ODB) approved a set of loans to the tune of RO 14 million. The loans are endorsed for projects in the sectors of food security, industry, minerals, tourism, health and logistics, among other economic sectors. These projects funded by the bank in the governorates of Al Buraimi, Dhofar, Al Batinah and Muscat, will contribute to providing employment opportunities for Omani jobseekers, cut down imports and maximize the value of Omani exports.