According to an AFP article dated 10 January 2020, Sultan Qaboos bin Said, the longest-reigning leader of the modern Arab world, has died at the age of 79. The sultan’s image and signature appears on all notes since 1976, so new notes will likely appear after a successor is named.

According to an article in the Oman Daily Observer dated 12 February 2012, the Central Bank of Oman has introduced new 5- and 10-rial notes (with upgraded security features, which will circulate in parallel with existing notes of the same denominations. Based upon the 40th NATIONAL DAY inscription on theRead More…

According to a Gulf News article dated 16 December 2009, Gulf Cooperation Council (GCC) leaders concluded their annual two-day summit with an agreement to form a monetary union, paving the way for a single currency for Bahrain, Kuwait, Qatar, and Saudi Arabia; Oman and the United Arab Emirates opted out.Read More…