Oman to Become First Gulf Shareholder in Eurasian Development Bank

Oman is set to join the Eurasian Development Bank (EDB) as its eighth shareholder and the first from the Gulf region. An agreement was signed in Astana during the Kazakh president's state visit. The EDB finances projects in transport, energy, and digital systems. Kazakhstan and Oman also signed an investment protection agreement and discussed trade corridor development.

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