MUSCAT - The Ministry of Transport, Communications and Information Technology today signed an agreement to the tune of RO 79 million for the design, implementation and finalization of the first phase of Al Batinah Coastal Road. The agreement was concluded within the...
MUSCAT – Meethaq Islamic Banking from Bank Muscat has been honoured with the Leading Islamic Banking Brand in Oman Award by the Global Brands Magazine Awards 2024, recognizing its commitment to excellence in providing Islamic banking services. This award underscores...
MUSCAT - Bank Muscat announced its preliminary unaudited results for the three months ended 31 March 2024. The Bank posted a net profit of RO 54.24 million for the period compared to RO 51.30 million reported during the same period in 2023, an increase of 5.7 per...
MUSCAT - Mazda Oman has successfully concluded its 'Test Drive a Mazda & Win' campaign, generating enthusiasm amongst Mazda fans across the Sultanate. The campaign ran from February 7 to March 7, 2024, and offered participants the chance to experience the thrill...
RAS AL KHAIMAH – Sofitel Al Hamra Beach Resort recently announced the appointment of Karim Abdelhamid as the General Manager, responsible for overseeing the Sofitel Al Hamra Beach Resort. Karim is no stranger to Sofitel’s brand and has garnered over 25 years of rich...
DUBAI - PNC Menon, Founder and Chairman of Sobha Group and an eminent real estate tycoon, climbs up in Forbes Global Ranking and becomes the richest Omani Citizen in the list. The achievement further highlights his position as a visionary leader and industry...
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...
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...
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...
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...
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...
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...
