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...
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...
