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...
Commending his vision for Oman’s Islamic banking industry, Salaam bin Said al Shaksy, CEO of Alizz Islamic Bank, was honoured with the ‘Best Arab CEO’ award...
Meethaq, the Islamic banking window of Bank Muscat, hosted the signing ceremony and launch of ‘Little India’, a landmark residential and tourism complex at Duqm. A series...
As part of its consistent efforts to provide a diverse bundle of products and services to customers across the Sultanate, Bank Sohar recently signed an agreement...
Oman’s Islamic banks and window operations have shown a robust year-on-year growth of 31.82 per cent (OMR700 million) in financing at OMR2.9 billion by the end...
The Central Bank of Oman (CBO) has announced launch of its redesigned Automated Clearing House (ACH) payment system on November 18, 2017, which marks the National...
Omani banks, including Islamic institutions, achieved year-on-year growth of 5.7 per cent in total credit at RO23bn by September-end this year. Credit to the private sector...
National Bank of Oman (NBO) has officially unveiled its spectacular new headquarters. The latest landmark to complement Muscat’s skyline took centre-stage at a special VVIP event...
Al Mouj Muscat, Oman’s lifestyle destination, has signed an agreement with Alizz Islamic Bank to provide home financing solutions to potential home-owners. Under the agreement, aspiring...