Oman replaces central bank chief after 26 years - The National:
"Oman’s ruler replaced the head of the central bank after 26 years in the job amid pressure on the economy from low oil prices. Sultan Qaboos, in a decree published by the state-run news agency late on Tuesday, appointed Tahir Bin Salim Al Amri as the central bank’s executive president. He replaced Hamud Sangur Al Zadjali, who served in the post since 1991, making him the world’s second-longest serving central banker after Romania’s Mugur Isarescu, according to data compiled by Bloomberg. Mr Al Zadjali, a Boston University graduate, was replaced hours after Moody’s Investors Service cut Oman’s banking outlook to negative from stable to reflect a reduction in the government’s ability to support the country’s banks as well as weaker economic growth and tightening liquidity."
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