banking

Bank Nizwa offers Sharia-compliant home finance solutions for Sustainability City – Yiti-
November 28, 2022

Muscat: As the leading Islamic bank in Oman, Bank Nizwa has consistently endeavoured to contribute to the nation’s revenue diversification......

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GCC banks witness initial positive effects of higher interest rates
November 28, 2022

Muscat – The GCC banking sector has witnessed the initial positive effects of higher interest rates implemented by the GCC central banks following......

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3rd Global High-level Ministerial Conference on Antimicrobial Resistance Kicks off
November 25, 2022

Muscat: Delegated by His Majesty Sultan Haitham bin Tarik, HH Sayyid Taimour bin Asa’ad bin Tarik Al Said, Chairman of the Board of Governors......

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Omanisation gathers steam
November 17, 2022

Muscat – The attention accorded by His Majesty Sultan Haitham bin Tarik to youth is reflected in the Royal support to employment initiatives,......

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HSBC Oman board approves merger agreement with Sohar International
November 17, 2022

HSBC Bank Oman's board of directors has approved entering into a binding merger agreement with Sohar International Bank as the two Muscat based......

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Bank Muscat shareholders approve increase in share capital to RO800mn
November 14, 2022

Muscat – Bank Muscat has received its shareholders’ approval to increase the bank’s authorised share capital from RO450mn to RO800mn.......

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Bank Muscat approves raising authorised share capital to OMR800 million
November 11, 2022

Muscat: Bank Muscat, the leading financial services provider in the Sultanate of Oman, held an Extraordinary General Meeting (EGM) and an Ordinary......

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ahlibank ends third quarter with robust growth
November 9, 2022

Muscat: ahlibank continues to leverage its portfolio of innovative products, services, and digitalisation initiatives to record unstinted growth......

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Arm Announces the Appointment of Tony Fadell to the Board of Directors
November 3, 2022

Arm today announced the appointment of Tony Fadell, Build Collective Principal, to its Board. Mr. Fadell brings decades of experience with the Arm......

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Total deposits held in Oman’s banking sector tops OMR26bn
October 24, 2022

Muscat: The total deposits in Oman's banking sector grew by 5.2 per cent to reach OMR26.2 billion at the end of August 2022. Within this total,......

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