In a strategic move reflecting Oman's ambition to become an attractive regional and international financial hub, the Council of Ministers approved the establishment of the Oman Global Financial Centre (OGFC). This decision is part of a long-term vision aimed at attracting global capital and accelerating economic diversification. The new centre is set to provide a competitive and flexible environment for international investors, commercial banks, and financial institutions operating in traditional and Islamic banking, insurance, asset management, FinTech, and other advanced financial services. It is expected to contribute to knowledge transfer, capacity building, and the creation of high-value quality jobs in the financial sector.
