Contactless technology was developed by Mastercard with the mindset of never sacrificing security for convenience. Contactless payment systems may be for credit cards, debit cards, smart cards,...
Bank Muscat’s pioneering Islamic Banking service Meethaq yesterday signed an agreement with Takaful Oman, a leading insurance provider, to launch Motor Takaful that is exclusively designed...
(Bloomberg) — Commercial Bank International will trim as much as 18% of its workforce through a voluntary redundancy program as the United Arab Emirates lender withdraws...
National Bank of Oman (NBO) and Chartered Financial Analyst Institute (CFA) reinforced their partnership by signing a Memorandum of Understanding (MoU) for workshops with NBO’s Academy...
(Bloomberg) — Kuwait Finance House KSCP offered to buy Bahrain’s Ahli United Bank BSC in an all-share deal that’s valued at about $8.8 billion. The Kuwaiti...
RAB and Saba Software announced a new client relationship with Oman-based BankDhofar. The bank chose Saba and RAB to deliver a tailored solution that helps them...
Sohar International celebrated the graduation of the first batch of its internship programme – Tomohi that aims to Enhance Omani Youth Skills. The ceremony organized to...
(Bloomberg) — Dubai’s biggest bank is close to appointing Citigroup Inc. and Morgan Stanley to manage a rights share offering of as much as $2 billion,...
Bank Muscat’s Money Market Fund recorded the highest industry annualised return of 3.27% per annum (p.a.) during June 2019, higher than the typical call rate of...
Emirates NBD Bank on Monday increased its Foreign Ownership Limit (FOL) to 20% and announced its intention to increase it to 40% in the future, according...
