Oman’s finance ministry transfers stake in Omantel to OIF

Mubasher: Oman Telecommunications (Omantel) announced on Thursday that the ministry of finance transferred its shares in the company to the Oman Investment Fund (OIF), according to a bourse filing.

The OIF owns about 5.3% in Omantel, while the Omani government holds a 51% stake in the company.

Mubasher Contribution Time: 15-Dec-2016 07:38 (GMT)
Mubasher Last Update Time: 15-Dec-2016 07:38 (GMT)