EGCA Board approves local subscription of RO 2 million

MUSCAT: The Board of Director of Export Credit Guarantee Agency (ECGA) Oman approved the Agency’s budget for 2017. The approval came at the first meeting of the ECGA Oman Board for 2017, which was held under the chairmanship of Said bin Saleh al Kiyoumi, Chairman of Oman Chamber of Commerce and Industry (OCCI), Chairman of the Agency. Dr Khalid al Amri, Acting CEO, reviewed the Agency’s plan for the upcoming period, which was based on the trends approved by the Board for the support of exporters, local producers and owners of SMEs. The Board also approved a local subscription of RO 2 million. — ONA