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Last Updated: Thu, Jan 12 2017 | 10:26 AM |
National Bank of Oman sees Q4 net profit slump by 19.9%
Banking & Finance»

National Bank of Oman sees Q4 net profit slump by 19.9%

Thursday, 12 January 2017 2:26 PM

Sultanate's third-largest lender says it made a profit of $35.5m in the three months to December 31

Oman denies seeking 'multi-billion dollar deposit'
Politics & Economics»

Oman denies seeking 'multi-billion dollar deposit'

Thursday, 12 January 2017 10:45 AM

Sultanate was reported this week to be seeking a central bank deposit to boost reserves

Oman in talks with Gulf states to obtain multi-billion dollar deposit
Politics & Economics»

Oman in talks with Gulf states to obtain multi-billion dollar deposit

Tuesday, 10 January 2017 3:39 PM

Sources say Omani officials met in recent weeks with officials of the finance ministries of Kuwait, Qatar and Saudi Arabia

Rosneft purchase leads $82 billion spree by sovereign investors in 2016
Banking & Finance»

Rosneft purchase leads $82 billion spree by sovereign investors in 2016

Saturday, 7 January 2017 3:30 PM

In 2017, sovereign investors are set to look more at opportunities in e-commerce and financial technology, following Saudi Arabia and SoftBank Group's plans to create a technology investment fund to hunt out deals

Oman's sovereign foreign assets forecast to slump by 2018
Politics & Economics»

Oman's sovereign foreign assets forecast to slump by 2018

Friday, 6 January 2017 10:46 AM

Fitch says asset set to fall to 28% of GDP compared to 48.5% of GDP at the end of 2016

Brazilian food exporter BRF to raise $1.5bn from IPO of Dubai unit
Retail»

Brazilian food exporter BRF to raise $1.5bn from IPO of Dubai unit

Thursday, 5 January 2017 11:00 AM

One Foods controls 45 percent of the poultry market in Saudi Arabia, the UAE, Kuwait, Qatar and Oman

Oman car leasing firm raises $25m from regional banks
Banking & Finance»

Oman car leasing firm raises $25m from regional banks

Tuesday, 3 January 2017 1:50 PM

Oman ORIX Leasing Company says financing provided by BBK and the National Bank of Ras Al Khaimah

Oman said to seek banks' proposals for international bond issue
Banking & Finance»

Oman said to seek banks' proposals for international bond issue

Tuesday, 3 January 2017 1:49 PM

Banking sources say sultanate has asked international lenders to submit proposals for transaction likely to be around $1bn or more

Oman 2017 state budget projects smaller deficit, continued austerity
Politics & Economics»

Oman 2017 state budget projects smaller deficit, continued austerity

Sunday, 1 January 2017 2:17 PM

Government plans changes to income tax, new taxation of goods such as tobacco and alcohol, and changes to fees charged for hiring foreign workers

Oman seen adopting more hawkish monetary policy in 2017
Politics & Economics»

Oman seen adopting more hawkish monetary policy in 2017

Saturday, 31 December 2016 2:21 AM

BMI Research says Central Bank of Oman will be forced to follow the US Fed's tightening cycle over the coming months

Oman raises telecoms firms' royalty payments in revenue push
Technology»

Oman raises telecoms firms' royalty payments in revenue push

Thursday, 29 December 2016 2:26 PM

Oman's telcos will pay a royalty to the government of 12% of revenues in 2017, according to statement

Oman Arab Bank raises $78m to boost capital
Banking & Finance»

Oman Arab Bank raises $78m to boost capital

Thursday, 29 December 2016 1:47 PM

Company says bond issue will be listed on Muscat Securities Market

National Bank of Oman receives offer to buy stake
Banking & Finance»

National Bank of Oman receives offer to buy stake

Thursday, 29 December 2016 12:29 PM

Treasure Fleet International said to send proposal letter to lender

Oman gov't budget deficit grows to $12.5bn
Politics & Economics»

Oman gov't budget deficit grows to $12.5bn

Friday, 23 December 2016 11:08 AM

Official figures reveal January-October deficit increases as low oil export prices slashes Oman revenues

Oman's Electricity Holding Company raises $325m loan
Banking & Finance»

Oman's Electricity Holding Company raises $325m loan

Tuesday, 20 December 2016 5:32 PM

State-owned firm says it has raised funds to support four of its distribution subsidiaries


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