Hedge Funds & Alternative Investments
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Bank Nizwa gets relaxation in overseas investment ceiling
Bank Nizwa, the Sultanate's first Islamic bank, has got a sizable relaxation in deploying funds in overseas markets for the initial one year. The banking regulator Central Bank of Oman has allowed Bank Nizwa to invest up to 75 per cent of the bank's net worth in foreign…
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Click here to read the full story: Times of Oman