Central Bank of Oman issues CDs worth OMR408m
Muscat - ONA
A tender for certificates of deposit (CDs) was held at the Central Bank of Oman (CBO) this week, as the total amount allotted for issue No. 807 was OMR408 million. A bulletin issued by the CBO stated that the average interest rate for these certificates was 0.12 per cent, though the maximum accepted interest rate was 0.13 per cent. The length of these certificates is 28 days, with their maturity date set for April 3. The certificates of deposit issued by the CBO seek to absorb excess liquidity in the banking sector, in particular, while maintaining stability of interest rates and money markets. Also, the repo rate set from March 6 to 12 is 1 per cent.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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