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09 October 03:03 PM

OIFC unit not to acquire Musandam Exchange

OIFC unit not to acquire Musandam Exchange
An agreement could not be reached to acquire Musandam Exchange(Photo Credit: Arabianeye-Reuters)
OIFC
OIFC
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Mubasher: Wasel Exchange, a wholly owned subsidiary of Oman Investment and Finance (OIFC), decided not to proceed with the proposed acquisition of Musandam Exchange, according to a bourse statement.

The decision is taken as an agreement could not be reached with the seller in this regard.