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
Real Estate2 days ago
Local Partnership to Establish Oman Real Estate Development Fund
Insurance2 days ago
LEADERSPEAK: Dhofar Insurance CEO Sunil Kohli on Oman’s Insurance Sector, Reinsurance & Market Outlook
Economy3 days ago
OMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price
News3 days ago
INVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets
Insurance4 days ago
Liva Insurance Launches Children’s Waiting Area Renovation Initiative at Sultan Qaboos University Hospital in the University Medical City
Business4 days ago
His Majesty Sultan Haitham and President Macron Attend Omani-French Business Forum
Royal Visit4 days ago
His Majesty and the French President Witness the Signing of 12 Bilateral Agreements
Economy5 days ago
What Higher Oil Prices Mean for Oman’s Economy in 2026
News5 days ago
AI & New Energy Drive 18.8% Surge in China’s Industrial Profits
Royal Visit5 days ago
His Majesty Sultan Haitham bin Tarik Arrives in France
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
Oman4 years ago
Hospitality Industry in Oman Estimated 90% Growth in 2022
Environment7 years ago
Renewables are booming, but not fast enough to cap greenhouse emissions
Highlights6 years ago
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
Featured8 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 Speak11 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
Economy2 years 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
-
Economy3 weeks agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
Magazines2 months agoOER Magazine April 2026 Issue
-
Oman2 months agoREVIEW: WHOOP and the Rise of Performance Luxury
-
Lifestyle2 months agoAP x Swatch Royal Pop: A Rule-Breaking Collaboration That Takes the Royal Oak Off the Wrist
-
News2 months agoANALYSIS: Oil Slips As Peace Hopes Reprice Middle East Risk, But Supply Tightness Keeps Market On Edge
-
Banking & Finance2 months agoTariq Atiq Appointed as CEO of Bank Nizwa
-
Oman2 months agoWhat Is Musstir Heights, Oman’s RO300mn Mountain Destination?
-
News2 months agoOIA Expands Future Healthcare Technology Portfolio With Investment In Neuralink
You must be logged in to post a comment Login