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IFA may receive $8m from Oman’s preliminary court ruling

IFA may receive $8m from Oman’s preliminary court ruling
IFA is expected to receive OMR 3.1 million
IFA
IFA
1.85% 385.00 7.00

Mubasher: International Financial Advisors (IFA) announced that the court in Oman has issued a preliminary ruling in favor of IFA, which is listed on both Boursa Kuwait and the Dubai Financial Market (DFM).

IFA is expected to receive OMR 3.1 million ($8 million), according to a bourse statement on Thursday.

The other party can file an appeal against this verdict since this ruling is preliminary, which means that no financial impact will be registered in the current time.