Tuesday 11 December 2012

UPDATE 1-Ominvest CEO and board member resign; shares fall | Reuters

Oman International Development and Investment (Ominvest) said on Tuesday its Chief Executive Shariq Azhar and a board member had resigned, with shares trading lower after the news.

Azhar took on the role in August 2008. The Omani firm said its deputy chairman will assume Azhar's role until a successor is found. It did not provide further details.

Shares were trading 1.4 percent lower on the Muscat bourse at 0800 GMT.

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