MUSCAT – OQ released today its financial results for 2023. The company reported a revenue of OMR 13.7 billion, earnings before interest, taxes, depreciation and amortisation (EBITDA) of OMR 1.975 billion, and a net profit of OMR 970 million.This outstanding...
GWM offers exceptional deals
MUSCAT - GWM OTE Oman announced an exclusive Ramdan campaign, offering exceptional deals on its prominent models: the Haval Jolion, Haval H6, Haval Dargo, and POER. Joining the lineup are the Tank 300 and Tank 500, ensuring there's a GWM vehicle for every...
Bank Muscat’s EGM and AGM approve renewal of Euro medium term note programme and distribution of cash dividends of 15.5 percent
MUSCAT - Bank Muscat held its Annual Ordinary General Meeting (AGM) and an Extraordinary General Meeting (EGM) of the Bank’s shareholders on March 26, 2024 through the electronic platform of Muscat Clearing and Depository’s website. Both meetings were presided...
Lulu’s ‘Convoy of Goodness’ creates meaningful impact
MUSCAT - Lulu group has launched the ’Convoy of Goodness’ campaign to distribute special Ramadan grocery kits to deserving families, reflecting the spirit of sharing and caring in its true sense during the Holy Month of Ramadan. Lulu’s Convoy of Goodness is travelling...
National Finance successfully completes the largest debt capital market issuance
MUSCAT - National Finance Company SAOG (or National Finance) has successfully completed the issuance of its tier 1 perpetual bonds in accordance with the applicable regulatory requirements in Oman. The issuance with a base issue size of OMR 25mn, received solid...
Visa confers achievement award to BankDhofar
MUSCAT – BankDhofar has been honoured by Visa with an award for its outstanding achievement in enabling Visa’s Tap-to-Phone technology, commonly known as SoftPOS. BankDhofar's dedication to implementing and promoting this innovative solution has not only...
JAC Oman launches “Generosity Meets Affordable Drives” campaign
MUSCAT - JAC Oman unveils its distinctive campaign, "Generosity Meets Affordable Drives." This initiative embodies JAC's unwavering commitment to social responsibility, weaving the cherished values of care, generosity, and community well-being into the core of its...
Bank Muscat’s Sayyarati auto financing option witness huge turnout
MUSCAT - The appealing Sayyarati Auto Finance promotion from Bank Muscat witness huge turnout from customers wishing to own dream vehicles. The promotion came with the best rates in the market during the holy month of Ramadan, starting at 3.75 per cent on both new and...
Bank Muscat honoured with prestigious long-standing partnership award from HDFC Bank
MUSCAT – Bank Muscat has been honoured with a prestigious Long-Standing Partnership Award from HDFC Bank, India's leading private sector bank. This recognition underscores the enduring collaboration and relationship spanning 19 years between the two institutions....
Ooredoo organises ‘Upgrade Your Digital Infrastructure’ workshop
MUSCAT - Ooredoo understands that if businesses leverage cutting-edge, end-to-end technologies and solutions, they can optimise their digital infrastructure, the engine driving their digital operations. For this reason, Ooredoo organised an exclusive workshop entitled...
Mazda Oman unveils “Season of Blessings in Every Mazda Drive” Ramadan Campaign
MUSCAT - Mazda Oman proudly announces its latest campaign, "Season of Blessings in Every Mazda Drive." This specially designed initiative celebrates the holy month with exceptional offers that resonate with the values of generosity and joy. As families and communities...
Bank Muscat extends support to Fak Kurba to resolve 260 humanitarian cases
MUSCAT – Bank Muscat has announced its support for the Fak Kurba initiative organised by the Omani Lawyers Association in coordination with the Ministry of Social Development and the Supreme Judicial Council. For this year, the Bank supported 260 cases who have been...