ECGA Oman approves OMR8 million worth credits

Muscat: The board of Export Credit Guarantee Agency (ECGA Oman) approved OMR8 million worth credits including OMR4 million for local sales and OMR4 million for Omani non-oil exports.
This was stated at the ECGA Oman’s seventh board meeting for 2016 at Airport Heights under the chair of Said bin Saleh Al Kiyoumi, chairman of Oman Chamber of Commerce and Industry (OCCI) and chairman of the agency.
The board also approved minutes of the previous meeting and followed up the implementation of decisions. It also discussed several issues related to guaranteeing exports and the performance of the agency.
The meeting was attended by Hamad Al Harthy, representative of the Oman Development Bank (ODB), Fayza Al Mashrafiyah, representative of the Ministry of Commerce and Industry and Idrees Al Hasani, representative of the Ministry of Finance.