BankDhofar signed an agreement with the Salalah Sanitary Drainage Services Company (SSDC) to finance the expansion of its Raysut treatment plant. The finance agreement was signed...
As part of their Islamic finance knowledge programme, Bank Nizwa, Takaful Oman Insurance and Al Kawthar fund organised their latest workshop in Sohar to highlight the...
The total outstanding credit extended to banks in Oman by other depository corporations stood at OMR23.3 billion at the end of October 2017, registering a growth...
Oman Development Bank (ODB) aims to achieve a double digit growth in loan portfolio with its total funding expected to reach OMR411 million by 2022, from...
Muscat Capital, the Saudi-based investment banking subsidiary of Bank Muscat, announced the successful closure of its first Real Estate Investment Traded (REIT) fund. The new Al...
Commending his vision for Oman’s Islamic banking industry, Salaam bin Said al Shaksy, CEO of Alizz Islamic Bank, was honoured with the ‘Best Arab CEO’ award...
Meethaq, the Islamic banking window of Bank Muscat, hosted the signing ceremony and launch of ‘Little India’, a landmark residential and tourism complex at Duqm. A series...
As part of its consistent efforts to provide a diverse bundle of products and services to customers across the Sultanate, Bank Sohar recently signed an agreement...
Oman’s Islamic banks and window operations have shown a robust year-on-year growth of 31.82 per cent (OMR700 million) in financing at OMR2.9 billion by the end...
The Central Bank of Oman (CBO) has announced launch of its redesigned Automated Clearing House (ACH) payment system on November 18, 2017, which marks the National...
