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CBO To Introduce IBAN For Domestic Transfers

MUSCAT: The Central Bank of Oman (CBO) has announced the implementation of the International Bank Account Number (IBAN) system for all domestic transactions starting July 2025. This move aims to enhance the efficiency, accuracy, and security of financial transactions within the country. The IBAN system is a globally recognized standard that helps in minimizing errors…

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Two More Convicted In Prison Phone Smuggling Case

UAE: Two additional individuals have been convicted in connection with a case involving the smuggling of mobile phones into a prison facility. Authorities revealed that the latest convictions are part of an ongoing investigation aimed at cracking down on illicit activities within correctional institutions. The individuals were found guilty of assisting in sneaking mobile devices…

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