GulfBase Live Support
20/11/2025 04:20 AST
The Central Bank of Oman (CBO) has officially launched the symbol for the local currency, the Omani Rial. This achievement marks a significant national milestone that embodies the Omani identity and enhances the currency's standing in global markets.
Ahmed Ja'afar Al Musalami, Governor of the Central Bank of Oman, affirmed that the adoption of a unified symbol for the Rial represents a strategic step that strengthens the Sultanate of Oman's position as a promising global financial hub.
He explained that the new symbol will help solidify the presence of the Omani Rial on financial, commercial, and digital platforms worldwide. This will allow for its immediate recognition, facilitate international exchange operations, and deepen global acknowledgment of it as a strong and stable currency.
He indicated that this symbol reflects the maturity and development of the Omani financial system, which boosts the confidence of international investors and contributes to enhancing Oman's credibility and competitive economy at both the regional and international levels.
The symbol also carries cultural and civilizational value, as its design is inspired by Oman's rich heritage, drawing from a long history during which Oman used various currencies reflecting its trade links and economic presence throughout the ages. Thus, the modern symbol represents a contemporary extension of a deep-rooted economic and cultural narrative.
He affirmed that the launch of the Omani Rial symbol aligns with the priorities of Oman Vision 2040, which emphasizes innovation, modern transformation, and keeping pace with rapid developments in the global financial system. The symbol will contribute to unifying the appearance of the Omani Rial across various platforms, banking systems, and financial and economic reports, thereby enhancing consistency, clarity, and professionalism, and aligning with international standards.
Times of Oman
| Ticker | Price | Volume |
|---|
20/11/2025
The Ministry of Foreign Trade has issued a statement on the regulations and policies governing the UAE's gold sector in light of recent reports on gold imports from Sudan. The statement is as follows
Gulfnews
20/11/2025
Projects worth more than RO 137 million are currently being implemented in the sectors of water, electricity and wastewater treatment in the Governorate of Dhofar.
The projects are being car
ONA
20/11/2025
The initial five-year phase of Oman's Vision 2040 has culminated in the realization of over one hundred distinct national accomplishments spanning its four fundamental pillars.
According to
ONA
20/11/2025
Oman is well placed to become a global leader in the emerging green iron and steel industry, leveraging its natural advantages and strong industrial foundations through strategic planning, according
Muscat Daily
20/11/2025
A staggering 94 per cent of organisations in the UAE have suffered materially damaging cyberattacks, a recent study has revealed.
Cohesity's latest global study, titled Risk Ready or Risk Ex
Khaleej Times