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Last Updated: Sun, Jul 20 2014 | 3:07 PM |
Oman fund said to be working to rescue Bulgaria's Corpbank
Banking & Finance»

Oman fund said to be working to rescue Bulgaria's Corpbank

Sunday, 20 July 2014 7:07 PM

Source says Oman's State General Reserve Fund hopes to put together plan to stabilise bank within 3 months

Ominvest says to explore possible ONIC Holding merger
Banking & Finance»

Ominvest says to explore possible ONIC Holding merger

Sunday, 20 July 2014 1:18 PM

Omani investment firm reveals initial approach to rival company to explore strategic arrangement

Bank Muscat Q2 profit jumps 22%, boosted by Bahrain merger
Banking & Finance»

Bank Muscat Q2 profit jumps 22%, boosted by Bahrain merger

Thursday, 17 July 2014 2:08 PM

Oman's largest lender says it booked a one-off gain from merger with its Bahraini affiliate

Expat remittances in Oman increase by 12.6% in 2013
Banking & Finance»

Expat remittances in Oman increase by 12.6% in 2013

Wednesday, 16 July 2014 2:08 PM

Central Bank of Oman says increase largely down to surge of expats working in the private sector

National Bank of Oman posts 25% rise in Q2 net profit
Banking & Finance»

National Bank of Oman posts 25% rise in Q2 net profit

Tuesday, 15 July 2014 2:09 PM

Sultanate's second-largest lender by assets says it made profit of $33m in three months to June 30

Bank Muscat-linked fund buys Movenpick hotel in Dubai
Banking & Finance»

Bank Muscat-linked fund buys Movenpick hotel in Dubai

Saturday, 28 June 2014 9:47 AM

Bank Muscat GCC Property Income Fund makes five-star Movenpick Hotel Jumeirah Beach its first acquisition

Oman fund in talks with Bulgaria about Corpbank rescue
Banking & Finance»

Oman fund in talks with Bulgaria about Corpbank rescue

Wednesday, 25 June 2014 4:59 PM

Sovereign wealth fund said to hold discussions with government about recapitalising Corporate Commercial Bank

The wealthy just aren't that generous
Blogs»

The wealthy just aren't that generous

Thursday, 19 June 2014 12:08 PM

It turns out the GCC is full of millionaires. Who would have thought?

2
Bank Muscat considers sale of brokerage unit
Banking & Finance»

Bank Muscat considers sale of brokerage unit

Monday, 9 June 2014 12:04 PM

Lender said the move was one of several "strategic options" for the business

Oman's mid-sized banks face more pain as competition bites
Banking & Finance»

Oman's mid-sized banks face more pain as competition bites

Sunday, 8 June 2014 1:32 PM

Moody’s report says tight regulatory framework means all banks remained domestically focused, targeting the same clients and asset classes

Oman banking passes stress test, says central bank
Banking & Finance»

Oman banking passes stress test, says central bank

Tuesday, 20 May 2014 6:35 PM

Cenbank says banks have enough capital to withstand the impact of severe shocks to the country's economy

Former Omani commerce minister jailed for corruption
Banking & Finance»

Former Omani commerce minister jailed for corruption

Sunday, 18 May 2014 6:21 PM

Court finds Mohammed bin Nasir Al-Khusaibi guilty of paying bribes worth $1m

1
Oman's Bank Sohar plans to issue $181m bond
Banking & Finance»

Oman's Bank Sohar plans to issue $181m bond

Wednesday, 14 May 2014 4:09 PM

Bank, which is in talks to merge with rival Bank Dhofar, says bond will boost its capital reserves

Oman mulling cut to subsidies, says finance chief
Politics & Economics»

Oman mulling cut to subsidies, says finance chief

Wednesday, 7 May 2014 3:18 PM

Finance minister Darwish al-Balushi says petrol subsidies are an obvious target in bid to reduce gov't costs

Oman's economic growth hits slowest rate since 2009
Politics & Economics»

Oman's economic growth hits slowest rate since 2009

Sunday, 4 May 2014 2:59 PM

Sultanate's economy grows by 2.8% in nominal terms during 2013, according to new data


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