Oman gears up to push Central Bank Digital Currency plans Business

Oman gears up to push Central Bank Digital Currency plans

MUSCAT, JUNE 18 The Central Bank of Oman (CBO) is preparing to appoint an international consultancy firm as an Independent Assessor to provide assurance and validation support for its Central Bank Digital Currency (CBDC) programme, marking a further step in the Sultanate’s digital finance transformation agenda. Submissions for the related tender close on June 28, […]

Central Bank of Oman announces fee waiver for local digital transfers Finance

Central Bank of Oman announces fee waiver for local digital transfers

Muscat: In line with the Royal Directives of His Majesty Sultan Haitham bin Tarik to enhance the efficiency of government and financial services, improve the business environment, advance digital transformation and stimulate economic growth, the Central Bank of Oman (CBO) has announced the implementation of comprehensive reforms to National Payment Systems fees. The reforms include […]

Central Bank of Oman rolls out partial payment cheque system Finance

Central Bank of Oman rolls out partial payment cheque system

Muscat: The Central Bank of Oman (CBO) has introduced the System of Partial Payment of Cheques, effective from December 15, 2025, in line with new regulatory instructions aimed at enhancing flexibility and efficiency in cheque settlements. Under the new system, cheque beneficiaries will be allowed to receive available funds from a customer’s bank account even […]

Dollar firm ahead of central bank decisions Finance

Dollar firm ahead of central bank decisions

TOKYO: The dollar held gains against major peers on Thursday as markets positioned for key central bank decisions in Britain, Europe and Japan. Sterling remained under pressure after an unexpected drop in UK inflation strengthened the case for a rate cut by the Bank of England. The yen pared losses from the previous session as […]

Regional Network of Central Banks conference opens in Muscat Finance

Regional Network of Central Banks conference opens in Muscat

MUSCAT: The fifth conference of the Regional Network of Central Banks began in Muscat on Wednesday, hosted by the Central Bank of Oman (CBO) in cooperation with the World Bank Group’s Middle East, North Africa, Afghanistan and Pakistan Regional Office. The two-day event brings together policymakers, economists and researchers to strengthen the role of scientific […]