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Ominvest secures $500 million credit facility from GIB, ABK and Gulf Bank

The financing deal will enable Ominvest to drive impactful investments and generate significant value for the firm and the economies it serves

Oman’s Sohar International completes $338 million rights issue, largest of 2024

The proceeds from the rights issue will be used to enhance capital buffers, fuel strategic initiatives and expand product and service offerings

Oman’s NBO, PayByte partner to enhance digital payments

The collaboration is expected to drive the adoption of digital payment solutions in Oman, while contributing to the overall growth of the financial sector

Bank Nizwa inks sustainability-linked financing agreement with MSA Green

The initiative underscores Bank Nizwa’s dedication to leading sustainable development and advancing environmental objectives

Mashreq announces appointment of new country head for Oman

Mashreq, one of the leading financial institutions in the MENA region, which is currently working on the formation of its branch in Oman, has...

Bank Nizwa, Oman Housing Bank partner to provide home financing solutions

Bank Nizwa is among four distinguished banks enlisted as finance partners to provide applicants with government-subsidized housing financing

Ahli Islamic Bank signs landmark MoU with AAOIFI

The MoU seeks to synergise the expertise of Ahli Islamic and AAOIFI, by way of collaboration that involves a series of technical and professional activities

Oman’s Sohar International secures Saudi banking licence

The bank’s expansion is poised to catalyse job creation, facilitate knowledge exchange, and promote skill development

Bank Nizwa signs $90 million sustainable finance deal with Oman’s RDAC

The integrated workforce accommodation facility provides premium living standards to workers of all segments

National Bank of Oman, Federal Bank partner to simplify money transfer

The primary channels for remittance are the NBO Mobile Banking Application and the extensive branch network across Oman.

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