Banking & Finance
Abu Dhabi Islamic Bank Gets Approval for 25% Foreign Ownership
Abu Dhabi Islamic Bank PJSC, the United Arab Emirates’ second-biggest bank complying with Muslim banking rules, said it obtained the Abu Dhabi Executive Council’s approval to allow foreigners to own up to 25 percent of its shares.
The board decided to implement the decision Nov. 19, according to a statement.
Abu Dhabi Islamic Bank’s board had in 2010 approved a plan to allow foreigners to own shares in the lender. Its bigger counterpart in the neighboring emirate, Dubai Islamic Bank PJSC, currently allows 25 percent foreign ownership.
Continue Reading
News1 week ago
Real Estate Price Index in Oman Grows By 13.9%
Economy1 week ago
Oil Surges More Than 2% as Supply Disruptions Mount
Economy2 weeks ago
Ibri Industrial City Localises Two Projects Worth RO2M in 2025
News2 weeks ago
VIDEO: Al Khamayil Oman Scales Up Production with New Rusail Facility
Automotive3 weeks ago
Cadillac Enhances Ramadan Ownership Value With Premium Benefits Package
Local Events3 weeks ago
CONNECT and OCEC Partnership Strengthens Oman’s Position as a Global Events Destination
Economy3 weeks ago
Exclusive: Inside Oman’s Evolving MSME Finance Ecosystem – An Interview with Hussain Al Lawati, CEO, Development Bank
Economy3 weeks ago
Middle East Tensions Heighten Risks to Strait of Hormuz, Raising Uncertainty for Global Oil Markets
News3 weeks ago
Air India Express Announces ‘Payday Sale’; Offers Lowest Fares Across Domestic & International Network
OER Magazines4 weeks ago
OER, February 26
Experts9 years ago
Power And Beyond: The Path To A Low-carbon Future
Real Estate7 years ago
Al Mouj Muscat unveils Ghadeer Villas
Economy7 years ago
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Environment6 years ago
Renewables are booming, but not fast enough to cap greenhouse emissions
Highlights5 years ago
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
Oman4 years ago
Hospitality Industry in Oman Estimated 90% Growth in 2022
Featured7 years ago
Saudis Sign Deals From Energy to Metals in Bid to Salvage Forum
Featured7 years ago
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Oil & Gas7 years ago
Technology to drive Sultanate’s downstream industry
Retail6 years ago
Digitization and Logistics Service Providers Can Help SMEs Make the Most of Peak Season Retail Trends
Leaders Speak8 months ago
VIDEO: Robert MacLean on how NHI is Shaping Oman’s Next Generation of Hospitality Leaders
Exclusive1 year ago
The Future of Oman: Decoding The Sultanate of Oman’s Strategic Promotional Nation Brand
Featured1 year ago
EXCLUSIVE: AI, Robotics & Wearable Sensors are Changing the Lives of Dementia Patients
Economy1 year ago
EXCLUSIVE: Talking Renewable Projects & Sustainability in Oman and Beyond with Vipul Tuli
Economy1 year ago
VIDEO: Eng. Salim Al Thuhli, CEO, Khazaen Economic City on Investment Opportunities
OERLive TV2 years ago
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
Interviews2 years ago
VIDEO: Talking Latest Developments in Aircraft Ground Guidance & More at Oman Airports
Energy2 years ago
VIDEO: Dr. Firas Al-Abduwani Discusses Green Hydrogen, Potential Regions for Development & Creating a Green Ecosystem
Leaders Speak2 years ago
VIDEO: Discussing The Future of Green Hydrogen in Oman with H.E. Salim Al Aufi
Technology2 years ago
Celebrating Infoline’s Remarkable 20-Year Journey
-
Dossier4 weeks agoDossier, 2026
-
OER Magazines2 months agoOER, January 26
-
Alamaliktistaad Magazines2 months agoAl-iktisaad, January 26
-
Insurance2 months agoLiva Insurance Supports Community Wellness Through “Experience Oman – Muscat Marathon 2026”
-
Banking & Finance4 weeks agoSohar International and Sohar Islamic Supports Over 100 Families in Al Wusta Governorate Through Its ‘Sohar Al Attaa’ Initiative
-
Banking & Finance4 weeks agoNational Finance Unveils Exclusive Ramadan Offers on Auto Financing
-
Banking & Finance2 months agoA New Platform for SME Growth: Oman Arab Bank Unveils Tumouhi
-
Economy4 weeks agoNew Regulations Issued for Buy Now, Pay Later Services in Oman
You must be logged in to post a comment Login