OFIC secures USD46mn financing for new food projects
Bank Nizwa signed an OMR18mn (USD46.8mn) Shariah-compliant financing agreement with Oman Food Investment Holding Co. (OFIC). The financing will help the group to invest in new projects and promote its portfolio of food companies. Oman Food Investment Holding Co. is a government company that aims to invest in the food sector, nationally and internationally.
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