News

Oman Participates in 83rd Meeting of GCC Central Bank Governors Committee
Oman Participates in 83rd Meeting of GCC Central Bank Governors Committee

Oman Participates in 83rd Meeting of GCC Central Bank Governors Committee

Doha, 12 Sep (ONA) --- Represented by the Central Bank of Oman (CBO), the Sultanate of Oman today participated in the 83rd meeting of the GCC Central Bank Governors Committee, held in Doha, Qatar.

Oman’s delegation was headed by Tahir Salim Al Amri, CBO Executive President.

The meeting discussed issues related to the GCC banking system, payment systems and financial technologies.

The committee also discussed the progress made in developing joint Gulf action and a plan to implement initiatives that would develop the banking system and facilitate transactions for citizens and private institutions.

The meeting also looked into developments in combating money laundering, terrorism financing and cybersecurity.

The Committee reviewed the Secretariat General’s report on the GCC Central Bank Governors Committee’s decisions made at its previous meeting.

The meeting studied the latest developments about the signing and ratification of an agreement to link payment systems among GCC states and other topics related to monetary and banking matters.

--- Ends/Bishara/AH