The Dubai Financial Services Authority (DFSA) and the Central Bank of Oman have signed a memorandum of understanding (MoU) to cooperate in the supervision and authorisation...
QNB Group, the largest financial institution in the Middle East and Africa region, announced the successful closing of the syndication for its $3.5 billion, three-year, senior...
Standard Chartered announced the official inauguration of its new Oman headquarters office under the auspices of Tahir bin Salim bin Abdullah Al Amri, Executive President of...
Amin Al Husseini and Rashad Al Musafir have started their new roles at Oman Arab Bank (OAB) as of February 1, 2018. Al Musafir’s appointment is...
Bank Muscat Oryx Fund has once again topped as the best performing GCC fund, generating a return of 13.8 per cent in 2017 compared to a...
Bank Muscat has proposed 35 per cent dividend for the year 2017. Continuing the bank’s strong dividend payment track record, the board has proposed 30 per...
Bank Muscat and Arabian Properties Company have signed a memorandum of understanding (MoU) offering attractive baituna home finance for exclusive residential units in the Al Shams...
Bank Muscat launched a Business to Business (B2B) Connect platform to address the dynamic business requirements of government and corporate entities. The B2B Connect platform launch...
Omani banks, including Islamic institutions, have achieved a year-on-year credit growth of 7.3 per cent at RO23.5bn by November-end of 2017. Credit to the private sector...
National Bank of Oman (NBO) said that its net profit for 2017 stood at OMR44 million, down from OMR55.8 million posted in the previous year. The...
