MUSCAT – National Bank of Oman (NBO) signed a facility agreement with the Oman REIT Fund (Oman REIT), an Omani Real Estate Investment Fund, listed on Muscat Stock Exchange (MSX). The signing ceremony took place at NBO's head office in Al Athaiba. Abdullah Al Hinai,...
Oman and Vulcan Green Steel: Making History with the world’s largest green steel plant
MUSCAT – Oman is on the cusp of making history in the steel industry with the ambitious launch of Vulcan Green Steel in Duqm, a ground-breaking initiative by Jindal Steel Group. This project aligns with Oman's commitment to reaching Net Zero Emissions by 2050 and...
Taste of Shangri-La – a month of culinary excellence unveiled in Oman
MUSCAT — Embark on a remarkable gastronomic adventure as Shangri-La Barr Al Jissah and Shangri-La Al Husn proudly introduce the eagerly awaited ‘Taste of Shangri-La’, an extraordinary month-long culinary celebration set to indulge discerning palates from September-30....
OQ wins the ICF Coaching Impact Award
USA - OQ, the global integrated energy group, has been honoured with the prestigious ICF Coaching Impact Award by the International Coaching Federation (ICF). The award recognises OQ's exceptional use of coaching to enhance organisational culture, attain remarkable...
Oman Arab Bank shares positive half year growth figures
MUSCAT – Oman Arab Bank (OAB) has reported a consolidated net profit after tax of OMR 11.5 million for the first half of 2023, up 64 percent against the same period of last year. The increase represents the highest year on year growth of the banks...
Bank Muscat provides 85 scholarships and conducts 414 training courses for employees in the first half of the year
MUSCAT – Working toward enhancing its leadership role in developing human resources in the banking sector in Oman, Bank Muscat, the leading financial services provider in the Sultanate, is celebrating its achievements in learning and training designed for employees...
OHB empowers over 2000 families with housing loans
MUSCAT - In the first half of 2023, Oman Housing Bank (OHB) has proudly approved housing loans totaling more than OMR 86 million, benefiting numerous families across the Sultanate with over 2,000 housing loans, a testament to Oman Housing Banks (OHB) commitment to...
OAB’s Tumouhi set to boost SME growth
MUSCAT –Oman Arab Bank (OAB) has further strengthened its support to the pivotal role of Small and Medium-sized Enterprises (SMEs) in Oman with the announcement of Tumouhi. Launched under the patronage of HE Dr Nasser bin Rashid Al Mawali, Undersecretary of the...
Ahlibank organises Summer Camp for employees’ Children
MUSCAT - Ahlibank held a summer camp initiative for its employees’ children. This is in line with the bank’s efforts to engage its staff and their families in joyous and meaningful activities, thereby keeping them motivated.Recognising the need to utilise the Summer...
Ooredoo boosts small businesses across oman by teaming up with Tally Solutions
MUSCAT - Providing small businesses access to value-added offerings tailored to their specific needs, Ooredoo has further upgraded Maktabi, the one-stop fixed line and mobile communication solution, by implementing an add-on for bookkeeping. The plans now include...
Bank Muscat wins prestigious Infosys Finacle Innovation Award for Leading Mobile App in Oman
MUSCAT – In recognition of its customer-centric vision and its commitment to developing innovative products and services, Bank Muscat, the leading financial service provider in the Sultanate, has won the prestigious Infosys Finacle Innovation Award 2023 under the...
Bank Muscat celebrates the inauguration of a relocated corporate branch in Sohar
MUSCAT - Bank Muscat celebrated the inauguration of the relocated corporate branch in Falaj Al Qabail in the Wilayat of Sohar. The opening ceremony was held under the patronage of Sheikh Ahmed Bin Mohammed Bin Shihab AL Balushi, Deputy Wali of Sohar, with the...