The Capital Market Authority has approved a plan by Golden Group to issue sukuk to the tune of RO200mn. The sukuk will be issued in different...
National Finance Company and Oman Orix Leasing Company have signed a framework agreement for the proposed merger between the two leasing firms. The final merger 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...
Petroleum Development Oman’s (PDO) exploration team is in the process of evaluating a potentially exciting gas discovery in the Mabrouk area located in central Oman, according...
In celebration of Oman’s 47th National Day, Ahmed bin Abdullah al Shuhi, Minister of...
Spice Jet, India’s favourite budget airline, has opened its new office in the heart of Muscat. Located in the prime commercial area of Ruwi, the new...
Oman Development Bank (ODB) has financed 1,388 projects in Masirah by extending funds worth OMR5.73 million between 2009 and September 2017. Youssef bin Ibrahim Al Shezawy,...
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...
Leading brokerage houses in Oman have backed the initial public offering of National Life and General Insurance Company, which will close subscription on November 20. “Overall,...
Muscat City Desalination Company (MCDC), which is opening its initial public offering today, said the company plans to offer a projected dividend yield of 8.3 per...
