Oman International Development and Investment Company is gearing up to publicly issue an RO50mn perpetual bond to seize future growth Perpetual bonds valued at RO50mn will...
More than 268 projects were funded by the Oman Development Bank (ODB) in the Governorate of South Al Batinah from the beginning of 2017 till August,...
Alizz Islamic Bank has signed an agreement with Oman Educational Services (OES) to finance the expansion of German University of Technology in Oman (GUtech)’s facilities and...
The total bank credit of commercial banks in the Sultanate by the end of June 2017 stood at RO20,108.6mn compared to RO19,348.1mn during the same period of 2016,...
‘Oman-India Business Connect Forum’, hosted by Meethaq, the Islamic banking window of Bank Muscat, spotlighted investment opportunities for Indian investors in Oman as well as new...
Bank Muscat and Imdad Real Estate Development Company signed a memorandum of understanding (MoU) to provide attractive baituna home finance for exclusive residential units in the...
A growth in state revenue coupled with a reduction in expenditure led to a much lower deficit in the first half of 2017 between January and...
Islamic banks and window operations have a combined market share of 11.6 per cent in Oman’s total bank assets. According to the latest monthly report released...
Oman’s central bank floated a tender for Treasury Bills to raise OMR35 million. The Treasury Bills have a maturity period of 91 days, from August 23...
Bank Nizwa has achieved a 200 per cent growth in net profit in the first half of 2017, which was the higher growth rate in Oman,...
