Central Bank Of Oman
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Central Bank Of Oman
The Central Bank of Oman (CBO, ar, البنك المركزي العماني) was established in December 1974 and began operations on 1 April 1975. It replaced the Oman Currency Board as the principal currency authority in Oman. Currently it is headed by Taimur bin Asaad bin Tariq al-Saeed. The Central Bank of Oman is responsible for maintaining the stability of the national currency the Omani Rial and ensuring monetary and financial stability in a deregulated and open financial system. The capital base of the CBO which was one million Omani Rials at the commencement of operations in 1975, was strengthened over time and since April 2002 has remained at R0300 million. At the end of 2005, CBO's assets/liabilities totalled RO 1826.4 million. The Omani banking system has experienced several mergers since the 1990s and as a result the number of commercial banks at the end of 2005 stood at 13, of which five are locally incorporated and eight are branches of foreign banks, t ...
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Ruwi
Ruwi () is a commercial hub and the main business area of Muscat, the capital of Oman. Attractions in Ruwi include a variety of multi-confessional religious buildings, a National Museum, a clock tower, and a park. The population of Ruwi is 85,601. The southeastern portion of the district has been dubbed as "Little Pakistan" due to the numerous Pakistani expatriates residing there. Transportation Ruwi is the main transport hub of the local city bus service, Mwasalat. Buses on national and international routes leave from here. Restaurants There are a large number of Pakistani restaurants in Ruwi that serve many types of Pakistani food, including Peshwari Chapli kabab, Peshwari grill, and different types of Pakistani kabab. Pakistani Tea House is a well-known Pakistani restaurant and serves Pakistani baryani Biryani () is a mixed rice dish originating among the Muslims of the Indian subcontinent. It is made with Indian spices, rice, and usually some type of meat (chick ...
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Mahmood Muhammad Murad
Mahmud is a transliteration of the male Arabic given name (), common in most parts of the Islamic world. It comes from the Arabic triconsonantal root Ḥ-M-D, meaning ''praise'', along with ''Muhammad''. Siam Mahmud *Mahmood (singer) (born 1992), full name Alessandro Mahmoud, Italian singer of Italian and Egyptian origin *Mahmoud (horse) (foaled 1933), French-bred, British-trained Thoroughbred racehorse and sire *Mehmood (actor), Indian actor, singer, director and producer Given name Mahmood *Mahmood Ali (1928–2008), Pakistani radio, television and stage artist *Mahmood Hussain (cricketer) (1932–1991), Pakistani Test cricketer * Mahmood Hussain (councillor), former Lord Mayor of Birmingham, England *Mahmood Mamdani (born 1946), Ugandan academic, author and political commentator *Mahmood Monshipouri (born 1952), Iranian-born American scholar, educator, and author *Mahmood Shaam (born 1940), Pakistani Urdu language journalist, poet writer and analyst *Mahmood (singer) (born 19 ...
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Central Banks
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ...
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Banks Of Oman
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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1974 Establishments In Oman
Major events in 1974 include the aftermath of the 1973 oil crisis and the resignation of United States President Richard Nixon following the Watergate scandal. In the Middle East, the aftermath of the 1973 Yom Kippur War determined politics; following Israeli Prime Minister Golda Meir's resignation in response to high Israeli casualties, she was succeeded by Yitzhak Rabin. In Europe, the invasion and occupation of northern Cyprus by Turkish troops initiated the Cyprus dispute, the Carnation Revolution took place in Portugal, and Chancellor of West Germany Willy Brandt resigned following an espionage scandal surrounding his secretary Günter Guillaume. In sports, the year was primarily dominated by the FIFA World Cup in West Germany, in which the German national team won the championship title, as well as The Rumble in the Jungle, a boxing match between Muhammad Ali and George Foreman in Zaire. Events January–February * January 26 – Bülent Ecevit of CHP forms the ne ...
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Banks Established In 1974
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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List Of Banks In Oman
This is a list of banks in Oman. Central bank * Central Bank of Oman Local banks *Bank Muscat * Bank Dhofarbr>* National Bank of Oman * Sohar International * Oman Arab Bank * HSBC Oman Ahli Bank* Bank Nizwa * Alizz Islamic Bank * First Abu Dhabi Bank Oman * Qatar National Bank Oman * Standard and Charter Bank Oman * State Bank of India Oman * Habib Bank Limited Oman * Beirut Oman Bank {{Asia topic, List of banks in Oman Banks Banks * Oman Oman ( ; ar, عُمَان ' ), officially the Sultanate of Oman ( ar, سلْطنةُ عُمان ), is an Arabian country located in southwestern Asia. It is situated on the southeastern coast of the Arabian Peninsula, and spans the mouth of t ...
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Economy Of Oman
The economy of Oman is mainly centered around its oil sector, with fishing and trading activities located around its coastal regions. When oil was discovered in 1964, the production and export increased significantly. The government has made plans to diversify away from oil under its privatization and Omanization policies. This has helped raise Oman's GDP per capita continuously in the past 50 years. It grew 339% in the 1960s, reaching a peak growth of 1,370% in the 1970s. Similar to the pricing of all other commodities, the price of oil is subject to significant fluctuations over time, especially those associated with the business cycle. A commodity's price will rise sharply when demand, like that for oil, outpaces supply; meanwhile, when supply outpaces demand, prices will fall. It scaled back to a modest 13% growth in the 1980s and rose again to 34% in the 1990s. Oman joined the Gulf Cooperation Council in 1981 with the aim of establishing a customs union, a common market and ...
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Tahir Salim Al Amri
Taher ( ar, طاهر) (spelled Tahir and Tahar in English and French, Тагир in Russian; Pashto,Urdu and Persian: طاهر,; ) is a name meaning "pure" or "virtuous". The origin of this name is Arabic. There are several Semitic variations that include connotations given in Africa, Asia, and Europe. It is traditionally a given name in Muslim and Jewish communities originating from the Middle East and Africa. Notable people with the name include: Given name Tahar * Tahar Ben Jelloun (b. 1944), Moroccan writer * Tahar Djaout (1954–1993), Algerian journalist and writer * Tahar Haddad (1899–1935), Tunisian author, scholar and reformer * Tahar Lamri (b.1958), Algerian writer * Tahar Rahim (b. 1981), French actor * Tahar Sayagh (b. 1995), French IT engineer * Tahar Touati (b. 1995), Algerian engineer Taher *Taher Abouzeid (born 1962), Egyptian politician and minister *Taher Badakhshi (1933–1979), cultural and political Tajik activist in Afghanistan *Taher Elgamal (born 1955) ...
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Abdul Wahab Khayata
Abdul (also transliterated as Abdal, Abdel, Abdil, Abdol, Abdool, or Abdoul; ar, عبد ال, ) is the most frequent transliteration of the combination of the Arabic word '' Abd'' (, meaning "Servant") and the definite prefix '' al / el'' (, meaning "the"). It is the initial component of many compound names, names made of two words. For example, , ', usually spelled ''Abdel Hamid'', ''Abdelhamid'', ''Abd El Hamid'' or ''Abdul Hamid'', which means "servant of The Praised" (God). The most common use for ''Abdul'' by far, is as part of a male given name, written in English. When written in English, ''Abdul'' is subject to variable spacing, spelling, and hyphenation. The meaning of ''Abdul'' literally and normally means "Slave of the", but English translations also often translate it to "Servant of the". Spelling variations Variations in spelling are primarily because of the variation in pronunciation. Arabic speakers normally pronounce and transcribe their names of Arabic origi ...
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Yusuf A
Yusuf ( ar, يوسف ') is a male name of Arabic origin meaning "God increases" (in piety, power and influence).From the Hebrew יהוה להוסיף ''YHWH Lhosif'' meaning "YHWH will increase/add". It is the Arabic equivalent of the Hebrew name Yosef and the English name Joseph. It is widely used in many parts of the world by Arabs of all Abrahamic religions, including Middle Eastern Jews, Arab Christians, and Muslims. It is also transliterated in many ways, including Yousef, Yousif, Youssef, Youssif, Yousuf and Yusef. Given name Yossef *Yossef Karami (born 1983), Iranian Taekwondo athlete *Yossef Romano (1940–1972), Libyan-born Israeli weightlifter (also known as Joseph Romano or Yossi Romano), killed in the 1972 Munich massacre Youcef *Youcef Abdi (born 1977), Australian athlete *Youcef Belaïli, Algerian footballer *Youcef Ghazali, Algerian footballer *Youcef Nadarkhani, Iranian sentenced to death for Christian beliefs *Youcef Touati, Algerian footballer Yousef *Yousef ...
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