Oman International Development & Investment Co. SAOG said Dec. 26 that it has increased its stake in Omani specialty finance firm National Finance Co. SAOG to 34.6%.

The transaction has been approved by the Central Bank of Oman and by the Capital Market Authority of Oman.

Ominvest owns a 9.11% stake in National Finance prior to the transaction, according to S&P Global Market Intelligence data.