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Last Updated: Thu, Jul 14 2016 | 9:40 AM |
National Bank of Oman posts flat growth in Q2 net profit
Banking & Finance»

National Bank of Oman posts flat growth in Q2 net profit

Thursday, 14 July 2016 1:40 PM

Sultanate's third largest lender makes net profit of just over $40m in three months to June 30

Petroleum Development Oman raises $4bn for new projects
Banking & Finance»

Petroleum Development Oman raises $4bn for new projects

Wednesday, 29 June 2016 1:41 PM

Country's top oil and gas exploration and production company says loan obtained from international banks

Saudi GDP growth forecast to hit 14-year low in 2016
Politics & Economics»

Saudi GDP growth forecast to hit 14-year low in 2016

Friday, 24 June 2016 10:08 AM

New report says growth in Gulf kingdom is expected to rise by just 0.8% this year, the weakest level since 2002

Oman's state fund invests $100m in Irish mining company
Banking & Finance»

Oman's state fund invests $100m in Irish mining company

Tuesday, 21 June 2016 2:00 PM

Kenmare Resources announces major investment by State General Reserve Fund of Oman

Oman finance ministry to issue $2.5bn sukuk to plug budget gap
Banking & Finance»

Oman finance ministry to issue $2.5bn sukuk to plug budget gap

Sunday, 19 June 2016 8:51 AM

The bonds will consist of a $1 billion five-year issue and a $1.5 billion ten-year issue, finance ministry officials confirmed

No income tax on expats, says Oman official
Politics & Economics»

No income tax on expats, says Oman official

Sunday, 12 June 2016 12:16 PM

Sultanate has no plans to impose tax on foreigners as mooted for Saudi Arabia

$16bn merger will create Oman's second-biggest bank
Banking & Finance»

$16bn merger will create Oman's second-biggest bank

Thursday, 9 June 2016 2:08 PM

Bank Sohar and Bank Dhofar reportedly in talks since July 2013 to join forces

Petroleum Development Oman in talks over $3.4bn loan
Energy»

Petroleum Development Oman in talks over $3.4bn loan

Monday, 6 June 2016 1:39 PM

State-backed firm also plans to increase crude oil production to 600,000 barrels per day this year

Oman regulator approves MB Holding's $150m sukuk plan
Banking & Finance»

Oman regulator approves MB Holding's $150m sukuk plan

Monday, 30 May 2016 2:18 PM

Conglomerate's Islamic bond programme will be only the second corporate sukuk in the sultanate

Chinese investors confirm plan to build Oman industrial park
Banking & Finance»

Chinese investors confirm plan to build Oman industrial park

Monday, 23 May 2016 4:48 PM

Duqm project could attract billions of dollars of investment, say government and company officials

Dubai mall operator says Oman investment to hit $1.8bn by 2020
Retail»

Dubai mall operator says Oman investment to hit $1.8bn by 2020

Friday, 6 May 2016 9:33 AM

Majid Al Futtaim says thousands of new jobs will be created in sultanate through new retail projects

Oman's Bank Dhofar offers terms of proposed merger to Bank Sohar
Banking & Finance»

Oman's Bank Dhofar offers terms of proposed merger to Bank Sohar

Sunday, 24 April 2016 11:16 AM

Merger would create the country's second-largest bank with a market capitalisation of $1.81 billion and assets of $13.69 billion

Oman picks banks for first international bond in almost 20 years
Banking & Finance»

Oman picks banks for first international bond in almost 20 years

Thursday, 21 April 2016 2:52 PM

Sources say government has chosen five banks to arrange bond as it looks to shore up state finances in era of cheap oil

Omani oil majors in talks on loans worth combined $4.35 billion
Energy»

Omani oil majors in talks on loans worth combined $4.35 billion

Sunday, 17 April 2016 6:36 PM

Petroleum Development Oman and state energy investment firm Oman Oil Company are reportedly seeking loans to fund projects, extend existing facilities

National Bank of Oman posts 10% rise in Q1 net profit
Banking & Finance»

National Bank of Oman posts 10% rise in Q1 net profit

Thursday, 14 April 2016 2:41 PM

Sultanate's third-largest lender says it made a net profit of $36.1m in the three months to March 31


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