The Sultanate’s Apex Bank, Central Bank of Oman, approved the initiation of due diligence for the proposed merger between Sohar International and Bank Nizwa yesterday [January 18,...
The Capital Market Authority in Oman is establishing a new Supreme Sharia Supervisory Board that will take decisions on issues of fiqh disputes in Takaful companies....
Muscat: Continuing to make banking even more accessible and convenient, National Bank of Oman (NBO) has introduced remittance services to the Embassy of Bangladesh in Muscat....
Muscat: Complementing the ongoing global digitization process and meet the growing demand for ‘instant’ banking practices, ahlibank has introduced a new mobile app-based account opening service...
Muscat: The Central Bank of Oman (CBO) has directed all banks operating in the country to withdraw the ‘Prize Scheme Linked Saving Deposit Schemes’ from January 2022....
Muscat: Bank Nizwa has confirmed the merger proposal from Sohar International and said it is open to exploring opportunities. In a statement issued by 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...
OQ Group, Oman’s global integrated energy company, reported a net income of US$777mn for the first half of 2021, compared to a net loss of US$1.1bn...
Muscat: As part of its strategic approach to strengthen its leadership structure, Bank Nizwa remains committed to its vision of harnessing the skills of its top-notch...
Muscat: The Central Bank of Oman (CBO) has issued a number of directives to all banks and financial leasing companies (FLCs), including the announcement of a...
