Banking & Finance
Sohar International Proposes Merger With Bank Nizwa

Muscat: Sohar International has submitted a merger proposal to Bank Nizwa on Tuesday.
In a disclosure to Muscat Stock Exchange, Ahmed Al Musalmi, Chief Executive Officer of Sohar International said the bank will keep the market updated with any progress on this matter.
“The board of directors of Sohar International Bank would like to announce that on Tuesday it has sent a letter of intent to the board of Bank Nizwa proposing a merger of the two banks,” Al Musalmi said.
“The board will keep the market updated with any progress on this matter, which will be subject to necessary boards, shareholders and regulatory approvals and the applicable laws of the sultanate,” he added.
-
OER Magazines2 months ago
OER, February 25
-
Alamaliktistaad Magazines2 months ago
Al-iktisaad, February 2025
-
Banking & Finance2 months ago
Sohar International Appoints Abdul Wahid Mohamed Al Murshidi as Chief Executive Officer
-
Energy2 months ago
Oman Gets Its First Hydrogen Refueling Station
-
News2 months ago
Shell Oman Marketing Company Hosts the 1st Lubricants Technology Conference in Muscat
-
Economy1 month ago
Is Gold a Good Investment in 2025? A Deep Dive into the Precious Metal’s Future
-
News2 months ago
Oman Explores Semiconductor & EV Investments with EONH Private Holdings & Jetour Global
-
News2 months ago
Opinion: Understanding AI’s Ministry of Truth