Government entity Oman Aviation Group is looking to raise $6 billion to finance the expansion of Oman Air and Oman Airports up until 2030. Reuters is reporting that the Government-owned entity, which was formed in February 2018, has issued a request for proposals to local and international banks with the first tranche expected to be raised by mid-2020. In a statement, Mustafa al-Hinai, said: “To promote growth we are working on a master development across all our airports. We are looking to develop airport cities which we will require financing for. The second thing we are looking for is expansion after
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