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Last Updated: Sun, Jul 26 2015 | 3:18 PM |
Markets fall after oil hits four-month low
Markets»

Markets fall after oil hits four-month low

Sunday, 26 July 2015 7:18 PM

Brent and US crude futures posted their fourth straight weekly decline on Friday

Oman fund said to seek ruling against Bulgaria over bank collapse
Banking & Finance»

Oman fund said to seek ruling against Bulgaria over bank collapse

Wednesday, 22 July 2015 8:26 PM

Oman's State General Reserve Fund owned a 30% stake in Corpbank, Bulgaria's fourth-largest lender, which collapsed last year

Oman central bank rejects Bank Muscat's $1.3bn sukuk plan
Banking & Finance»

Oman central bank rejects Bank Muscat's $1.3bn sukuk plan

Thursday, 16 July 2015 10:52 AM

Central bank had concerns over plans to use the sukuk proceeds to increase personal lending

Oman said to take legal action against Bulgaria over bank collapse
Banking & Finance»

Oman said to take legal action against Bulgaria over bank collapse

Wednesday, 8 July 2015 5:42 PM

Source says Oman's biggest sovereign wealth fund has started legal action over collapse of Corpbank

Oman central bank sets up Islamic banking department
Banking & Finance»

Oman central bank sets up Islamic banking department

Wednesday, 1 July 2015 2:46 PM

Step is expected to help further growth of the country's fledgling sharia-compliant finance industry

Oman's United Finance says mulling Al Omaniya takeover offer
Banking & Finance»

Oman's United Finance says mulling Al Omaniya takeover offer

Tuesday, 30 June 2015 2:12 PM

National Bank of Oman, Bank Nizwa and Al Omaniya were invited to participate in acquisition bidding process in May

Experts warn of rising personal debt in Oman
Banking & Finance»

Experts warn of rising personal debt in Oman

Monday, 29 June 2015 4:16 PM

Average debt of those seeking help is between $7,700 and $13,000

HSBC Bank Oman agrees to sell Pakistan business
Banking & Finance»

HSBC Bank Oman agrees to sell Pakistan business

Sunday, 28 June 2015 12:01 PM

Deal is with Meezan Bank, a sharia-compliant Pakistani lender

Oman 'needs to phase in any cuts to subsidies'
Banking & Finance»

Oman 'needs to phase in any cuts to subsidies'

Thursday, 25 June 2015 2:07 PM

Oman Central Bank estimates that it will pay $4.67bn in subsidies this year

Oman approves Ominvest, ONIC Holding merger plan
Banking & Finance»

Oman approves Ominvest, ONIC Holding merger plan

Tuesday, 23 June 2015 2:32 PM

Oman Central Bank gives nod following approval from both sets of shareholders and boards

Tilal inks $80m deal to finance Oman mall expansion
Banking & Finance»

Tilal inks $80m deal to finance Oman mall expansion

Monday, 1 June 2015 3:51 PM

Developer signs agreement with Islamic arm of Bank Muscat to raise funds for expansion of Muscat Grand Mall

Oman's Ominvest says shareholders back proposed ONIC Holding merger
Banking & Finance»

Oman's Ominvest says shareholders back proposed ONIC Holding merger

Monday, 1 June 2015 12:03 PM

ONIC Holding said its shareholders would receive 1.052 Ominvest shares for every share they currently held

United Finance says National Bank of Oman confirms merger interest
Banking & Finance»

United Finance says National Bank of Oman confirms merger interest

Thursday, 21 May 2015 12:30 PM

Bank Nizwa has since withdrawn its proposal, while Omaniya this week confirmed its interest

Oman's United Finance invites M&A bids from three lenders
Banking & Finance»

Oman's United Finance invites M&A bids from three lenders

Wednesday, 13 May 2015 3:04 PM

National Bank of Oman, Bank Nizwa and Al Omaniya Financial Services all invited to take part in bidding process

National Bank of Oman eyes acquisition of rival lender
Banking & Finance»

National Bank of Oman eyes acquisition of rival lender

Thursday, 30 April 2015 2:47 PM

Acquisition proposal will be discussed by United Finance's board of directors


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