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Oman Declares July 21 Bank Holiday

Source: The Central Bank of Oman (Muscat)
Posted on Monday, July 18, 2011


The Central Bank of Oman has announced that all commercial banks operating in the Sultanate of Oman would be closed on Thursday, July 21, 2011, on the occasion of the previously-announced blessed Renaissance Day public holiday.

As such, the Central Bank of Oman, the Muscat Securities Market (MSM), the Muscat Clearing and Depository (MCD) and all financial institutions will be closed during the aforementioned bank holiday. As banks in the Sultanate of Oman follow a Friday-Saturday weekend, this means that financial establishments will re-open on Sunday, July 24, 2011.

Last week (2011-07-17), Omani authorities had announced Saturday, July 23, 2011, as the date for the upcoming blessed Renaissance Day public holidays, for both the Omani private and public sectors. Note that the public sector's weekend in Oman is Thursday and Friday, meaning that the Renaissance Day public sector holidays will also run from Thursday, July 21, until Saturday, July 23, 2011, inclusively.


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