Banking

Muscat: Oman’s central bank raised OMR5 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 182 days,...

Muscat: Bank Muscat, the Sultanate’s flagship financial institution, posted a net profit of OMR89.70 million for the six-month period ending June 30,...

Muscat: Oman's banking sector continues to grow at a reasonable rate and has maintained its success in meeting the credit needs of all economic...

Muscat: Alizz Islamic Bank, one of the pioneering Islamic banks in Oman, will continue to offer a home financing product based on the Diminishing Musharakah...

Muscat: Bank Nizwa has announced a new reduced rate of 5.25 per cent for ready property financing, in a move aimed at offering a speedy solution for people...

Dubai: Net foreign assets at Bahrain's central bank fell in May, according to official data released on Sunday that may fuel concern about the...

Muscat: The Sultanate’s financial institutions, including Islamic banks, have achieved a robust credit growth in the first four months of this year. The...

Cairo: Egypt's central bank on Thursday kept its key interest rates unchanged as expected, expressing concern that inflation will rise after the...

Oman's commercial banks extend OMR20.90b in credit in the first quarter of 2018 Muscat: Credit extended by commercial banks in the Sultanate in the...