Banking

Muscat: Oman’s central bank raised OMR37 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 91 days,...

Dubai: Banks in the United Arab Emirates are hopeful of recovering some funds in 2018 from the multibillion-dollar collapse of Saudi Arabia's Saad Group...

Muscat: Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, and two subsidiary companies of Muscat National Development and Investment Company...

Sydney: Australia’s big banks are responding to a revenue crunch by cutting jobs and other costs, prompting fears on the eve of an inquiry into their...

Dubai: Egypt is considering plans for a Eurobond issue but wants to see more stability in global financial markets before it goes ahead, Egyptian finance...

Muscat: Standard Chartered announced the official inauguration of its new Oman headquarters office under the auspices of Tahir bin Salim bin Abdullah Al...

Muscat: QNB Group, the largest financial institution in the Middle East and Africa region, announced the successful closing of the syndication for its $3.5...

Muscat: Amin Al Husseini and Rashad Al Musafir have started their new roles at Oman Arab Bank (OAB) as of February 1, 2018. Al Musafir’s appointment is...

Frankfurt: Deutsche Bank appealed for investors to be patient after it posted its third consecutive annual loss in 2017, taking a hit from challenging...

Muscat: Standard Chartered Bank acted as one of the Joint Lead Managers for Oman government’s successful pricing of a $6.5 billion, multi-tranche 5-year,...