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.
His Highness Sayyid Bilarab Bin Haitham Al Said Inaugurates Manah 1 And Manah 2 Solar Power Plants
Bank Muscat’s 2024 Net Profit Grows To RO225.58Mn
OPINION: AI Set to Become Even More Dominant in 2025
Madayn Celebrates Inauguration of Infrastructure Project in Samail Industrial City
MDO Signs RO11.5M Supply Contracts at Future Mineral Forum in Riyadh
Oman & Bahrain Sign 25 Agreements, MoUs, Executive Programmes
Oman’s Trade Balance Records RO6.5B Growth
His Majesty Sultan Haitham bin Tarik and King Hamad bin Issa Al Khalifa of the Kingdom of Bahrain Hold Talks
Oman’s Trade Balance Grows To RO6.56 Billion By October 2024
Adanté Realty launches Yenaier Residences, Defining a New Era of Sustainable Luxury in Oman
Al Mouj Muscat unveils Ghadeer Villas
Technology to drive Sultanate’s downstream industry
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Power And Beyond: The Path To A Low-carbon Future
Hospitality Industry in Oman Estimated 90% Growth in 2022
Saudis Sign Deals From Energy to Metals in Bid to Salvage Forum
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Renewables are booming, but not fast enough to cap greenhouse emissions
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
Saudi Arabia Is Said to Seek Funding for Mega Tourism Projects
VIDEO: Eng. Salim Al Thuhli, CEO, Khazaen Economic City on Investment Opportunities
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
VIDEO: Talking Latest Developments in Aircraft Ground Guidance & More at Oman Airports
VIDEO: Dr. Firas Al-Abduwani Discusses Green Hydrogen, Potential Regions for Development & Creating a Green Ecosystem
VIDEO: Discussing The Future of Green Hydrogen in Oman with H.E. Salim Al Aufi
Celebrating Infoline’s Remarkable 20-Year Journey
OQ Gas Networks S.A.O.G Announces Intention To Float on the Muscat Stock Exchange
A New Era of SUV Luxury: The New Maserati Grecale GT
LEADERSPEAK: An Exclusive with Humayun Kabir, CEO, ABQ Education Group
EXCLUSIVE: Bader Saud Al Zidi, CEO of Vodafone Oman, on the Company’s successful first year in Oman
-
Alamaliktistaad Magazines2 months agoAl-iktisaad, November 24
-
OER Magazines1 month agoOER Magazine: December 2024 Edition – The Most Trusted Brands in Oman
-
Energy2 months agoOman and Belgium Strengthen Green Hydrogen Partnership with New Landmark Agreement
-
Energy2 months agoOUTLOOK: Emerging Markets and Renewables – The Twin Engines of Energy Growth for 2025
-
Technology1 month agoEXCLUSIVE: Technological Singularity – Will It Become Humanity’s Greatest Leap or Its Most Perilous Step?
-
Magazines2 months agoOER Magazine: November 2024 Edition
-
Oman2 months agoOman Braces for Launch of First Experimental Rocket Duqm-1 on 4 December 2024
-
Oman2 months agoTransport Ministry Issues New Regulation for Security of Ships, Ports