OCC inks financing agreement for new mill project

The Oman Arab Bank (OAB) has signed new banking facilities to Oman Cement Company (OCC) for its new cement mill No 5 project, including a term loan in addition to letters of credit.

The Times of Oman reported that the agreement was signed by Jamal bin Shamis Al Hooti, CEO of OCC and Amin Al Husseini, CEO of the Oman Arab Bank.