Banking

Wednesday 12/June/2019 16:41 PM

Bank Muscat, Meethaq ink finance pact

Muscat: Bank Muscat, the flagship financial services provider in the Sultanate and Meethaq, the pioneer of Islamic banking from Bank Muscat, have signed a...

Wednesday 01/May/2019 17:25 PM

Meethaq’s sukuk opens for subscription

Muscat: Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, has launched its second Sukuk programme. Sukuk are based on Islamic financing...

Wednesday 01/May/2019 17:16 PM

Ahlibank launches new brand identity

Muscat: Citizens and residents in Oman are set to benefit from Ahlibank’s plan to expand its Islamic banking services in Oman with the launch of the new...

Monday 29/April/2019 17:09 PM

Alizz Islamic Bank's quarterly profit soars

Muscat: Alizz Islamic Bank recorded a quarterly profit growth of 46.59 per cent year-on-year in the first quarter of 2019. The bank's unaudited...

Saturday 27/April/2019 16:59 PM

Sohar International posts 14% net profit

Muscat: With its new vision to become a world-class Omani service company that helps customers and people to prosper and grow, Sohar International has...

Tuesday 23/April/2019 17:28 PM

CBO issues treasury bills worth OMR59mn

Muscat: Oman’s central bank raised OMR59 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 91 days,...

Monday 22/April/2019 17:58 PM

Omani rial exchange rate index rises 3.8%

Muscat: The effective exchange rate index of Omani rial rose by 3.8 per cent to 104.6 points as of the end of February 2019 compared to 100.8 points in the...