Banking & Finance
Abu Dhabi Islamic Bank Gets Approval for 25% Foreign Ownership
Abu Dhabi Islamic Bank PJSC, the United Arab Emirates’ second-biggest bank complying with Muslim banking rules, said it obtained the Abu Dhabi Executive Council’s approval to allow foreigners to own up to 25 percent of its shares.
The board decided to implement the decision Nov. 19, according to a statement.
Abu Dhabi Islamic Bank’s board had in 2010 approved a plan to allow foreigners to own shares in the lender. Its bigger counterpart in the neighboring emirate, Dubai Islamic Bank PJSC, currently allows 25 percent foreign ownership.
Continue Reading
Entertainment16 hours ago
How Much Does It Cost to Buy at the World’s Leading Auction Houses?
Entertainment16 hours ago
A Look at the World’s Greatest Auction Houses & Their Record-Breaking Sales
Fashion19 hours ago
The World’s Most Extraordinary Watches: What Makes Them Worth Millions?
Banking & Finance20 hours ago
Sohar International Signs 3 Strategic Agreements at Investment Partnerships Horizons Conference
Banking & Finance2 days ago
Car Loan vs Cash: The Hidden Financial Advantage of Taking a Car Loan in Oman
Economy2 days ago
Al Mouj Muscat Welcomes First Residents to Exclusive Jinan Island Community
Banking & Finance3 days ago
Inside Binance’s $6.3 Billion Hack: How the Attack Unfolded and What Happens Next
Banking & Finance3 days ago
National Finance Marks Exceptional Growth With Strong Q3 2026 Performance
Economy3 days ago
Energy Oman announces OMR 50 million Sukuk (Series 2)
Banking & Finance6 days ago
OERLive ANALYSIS: Which Companies in Oman Have Paid Investors the Most Dividends?
Experts9 years ago
Power And Beyond: The Path To A Low-carbon Future
Real Estate8 years ago
Al Mouj Muscat unveils Ghadeer Villas
Economy8 years ago
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Oman4 years ago
Hospitality Industry in Oman Estimated 90% Growth in 2022
Environment7 years ago
Renewables are booming, but not fast enough to cap greenhouse emissions
Highlights6 years ago
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
Featured8 years ago
Saudis Sign Deals From Energy to Metals in Bid to Salvage Forum
Featured8 years ago
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Oil & Gas8 years ago
Technology to drive Sultanate’s downstream industry
Retail7 years ago
Digitization and Logistics Service Providers Can Help SMEs Make the Most of Peak Season Retail Trends
Economy2 weeks ago
VIDEO: Building Oman’s Future – SAH’s Vision for Infrastructure, Innovation and Growth
Highlights3 weeks ago
VIDEO: Oman Cables Breaks Ground on OMR 10 Million-Plus Plant to Power Oman’s Industrial Future
Featured4 weeks ago
VIDEO: Hitesh Akarte on Khimji Ramdas Infrastructure’s Role in Oman Vision 2040
Featured1 month ago
Oman’s Hospitality Sector Enters a New Phase of Growth: Sadiq Al Matwani Al Lawati
Environment2 months ago
Amr Baabood: Oman Climate Week Is About Moving From Climate Ambition to Climate Action
Highlights3 months ago
Mayan Al Asfoor on Leadership, Legacy and Empowering Omani Talent
Insurance4 months ago
LEADERSPEAK: Dhofar Insurance CEO Sunil Kohli on Oman’s Insurance Sector, Reinsurance & Market Outlook
Leaders Speak1 year ago
VIDEO: Robert MacLean on how NHI is Shaping Oman’s Next Generation of Hospitality Leaders
Exclusive2 years ago
The Future of Oman: Decoding The Sultanate of Oman’s Strategic Promotional Nation Brand
Featured2 years ago
EXCLUSIVE: AI, Robotics & Wearable Sensors are Changing the Lives of Dementia Patients
-
Artificial Intelligence2 months agoTop 5 Interesting Things AI Did This Month – September 2026 Edition
-
Economy1 month agoOER Magazine September Edition 2026
-
Fashion1 month agoLuxury Watches That Could Appreciate Over the Next Decade [2026 Auction Buyer Guide]
-
Alamaliktistaad Magazines4 weeks agoAlam Al-Iktisaad Magazine September 2026 Edition
-
Banking & Finance2 months agoThe GCC’s 10 Richest Billionaires: Inside US$253.5 Billion of Wealth
-
Banking & Finance2 months agoINVESTIGATION: What If You Bought Apple Stock Every Time You Bought an iPhone?
-
News2 months agoOPEC+ Holds Output Steady for October as Focus Shifts to 2027 Quotas
-
Artificial Intelligence1 month agoWhat the World’s Top 10 Tech CEOs Really Earn
You must be logged in to post a comment Login