The Central Bank of Oman (CBO) raised OMR55mn by way of allotting treasury bills yesterday. The bills have a maturity period of 91 days, starting today...
Sohar Islamic, the Islamic Banking window of Sohar International, has relocated its offices from MBD to Ghala stated a media release. The new location also witnessed the...
Islamic finance is set to expand rapidly in Commonwealth of Independent States (CIS) countries in the next five years from a very low base, Moody’s Investors...
(Bloomberg) — Bank of Sharjah PJSC plans to issue dollar-denominated bonds later this year to help the United Arab Emirates lender repay existing debt, people with knowledge...
(Bloomberg) — It doesn’t look like the hub of an online bank. But that’s what the yellow and blue metal kiosk becomes when Albert Agane locks himself...
(Bloomberg) — The first company to make its trading debut on Egypt’s bourse this year, electronic-payments firm Fawry for Banking & Payment Technology Services S.A.E., saw its...
(Bloomberg) — U.K. prosecutors added to the fraud indictment of three former Barclays executives who are to go on trial in connection with the bank’s fundraising from...
In its financial statements for the second quarter (ending June. 30, 2019) ahlibank has recorded a noteworthy growth surge of 11.8% in its total assets amounting...
(Bloomberg) — Affirma Capital, the private equity spinoff of Standard Chartered, plans to complete at least one acquisition in the Middle East and Africa over the next...
Sohar International recently announced the successful closure of its rights issue with an oversubscription. This raises its Tier 1 capital by OMR 40m. In spite of...