Bank Muscat posted a net profit of RO176.82mn for the for the year ended 31 December 2017 compared to RO176.56mn reported during the same period in...
Oman Arab Bank (OAB) announced the appointment of Jamil Abdul Qader Al Zadjali as head of retail banking and business support at its Al Yusr Islamic...
In the prevailing economic situation, banks will require to maintain steady growth in loan book and deposit mobilisation, says Abdul Razak Ali Issa, Chief Executive, Bank...
Abdul Hakeem Al Ojaili, CEO of BankDhofar, talks about the key highlights of Oman’s banking sector in 2017 and the outlook for 2018 Looking back,...
Broad money supply M2 (M1 plus quasi-money) of banks in Oman grew by 3.7 per cent to reach RO16.1bn at the end of October 2017 during...
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...
