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Royal Decree Ratifies Agreement on Linking GCC Systems of Payment

Royal Decree Ratifies Agreement on Linking GCC Systems of Payment

Muscat, His Majesty Sultan Haitham bin Tarik has issued Royal Decree No. 6/2023 ratifying the “Agreement on the System of Linking Payment Systems of Arab Gulf Cooperation Council (GCC) States”, endorsed in the city of Al Ula on 5 January 2021.

Article (1) states that the abovementioned agreement shall be ratified in accordance with the version attached to this decree.

Article (2) instructs the departments concerned to deposit the Ratification Document for the abovementioned agreement in line with its provisions.

Article (3) says that this decree shall be published in the Official Gazette and enforced from its date of issue.

Source: Oman News Agency