Saudi Arabia and Oman Sign 13 Major Investment Projects
The Ministry of Investment of Saudi Arabia (MISA) has concluded hosting a high-level delegation from Oman, which culminated in the signing of 13 MoUs …
Oman
Oman’s Islamic Banking Growth To Continue Despite Challenges
Muscat – Oman’s Islamic banking sector is likely to sustain its strong growth trajectory in the short-to-medium term despite a number of structural …
Oman’s Islamic Banking Industry Growing
The Islamic banking sector in Oman is likely to sustain its positive trajectory in the short-to-medium term despite a number of structural challenges, …
Bank Nizwa Initiative Backs Tourism in Oman
MUSCAT – Bank Nizwa, a leading Islamic bank in Oman, recently hosted a creative two-day event titled ‘What is happening in Nizwa’ as part of its …
Oman Getting Ready To Say Goodbye To COVID-19
Following a prolonged period of uncertainty during the Covid-19 pandemic, nations around the globe are now preparing for economic recovery. …
Omanization Hits 10% in Tourism Sector As Locals Enter Workforce
Boosting the level of locals in the private sector is key to Oman’s national development goals
Around 10 percent of workers in Oman’s tourism …
COVID-19 Pandemic & Localization Initiatives in GCC Countries
COVID-19 coronavirus is here to stay. This is a painful fact none of us can ignore anymore. Central banks around the world have been using various …
Oman Arab Bank To Merge With Alizz Islamic Bank
Oman Arab Bank and Alizz Islamic Bank are planning to merge after securing regulatory approval from the Central Bank of Oman. The deal will further …
COVID-19 & Oil Price Collapse: A Double-Edged Sword For GCC
COVID-19 and oil price collapse are proving a double-edged sword to the Gulf Cooperation Council (GCC) countries. The World Bank recommends these …
COVID-19 To Impact GCC Sukuk Issuance In 2020
Global Islamic bond issuance is set to remain stable at around $180 billion
Dubai: Islamic finance is set to keep expanding in 2020 and beyond as the …
GCC Ministers Discuss Economic Impact Of COVID-19
RIYADH: Commerce ministers of the Gulf Cooperation Council (GCC) held a virtual meeting to discuss the economic impact of the coronavirus disease …
Brazil To Increase Halal Chicken Export To Oman
BRF SA, the world’s largest chicken exporter, has announced that it has been granted 15 permits to export meat products from Brazil to Oman. …
Bank Nizwa Recognized As The Leader In Islamic Finance In Oman
Bank Nizwa, Oman’s fastest-growing Islamic bank continues to excel in providing excellent customer service. The bank received two awards in this …
Bank Nizwa Nurtures Growth of Omani Experts in Islamic Finance
Bank Nizwa, a pioneer in Islamic finance in Oman, proudly boasts a 91% Omanization rate, reflecting its dedication to nurturing local talent within …
German Boxer Advocates for Headscarf Rights in the Ring
Zeina Nassar, a 21-year-old boxer from Berlin, is revolutionizing the sports world with her groundbreaking achievements and advocacy. As the German …
Oman`s Economic Growth To Top Among GCC Peers In 2020
Oman is predicted to have the highest growth among the countries of the Gulf Cooperation Council next year, according to a new report from the World …
GCC Online Travel Market To Reach $15 Billion By 2023
ABU DHABI/DUBAI — The online travel market in the Gulf Cooperation Council (GCC) countries is expected to reach $15 billion by 2023, according to MENA …
Oman`s Share Index Closes Higher Marginally
Muscat: The MSM30 index ended higher and closed at 4,127.84 points, up by 0.03 percent. The MSM Sharia Index closed at 537.57 points, down by 1.17 …
Trade Ties Improving Between Asia & The GCC
Whether in terms of trade, commerce, or cultural linkages, Gulf Co-operation Council (GCC) states have become increasingly diverse in their …
S&P Dow Jones Indices Set Sights On Passive GCC Funds
Dubai: S&P Dow Jones Indices is taking a plunge into passive or low-cost index funds in the Gulf region.
The index provider has launched 15-factor …
Bank Dhofar of Oman Conducts Training Session On Islamic Banking
Muscat: With the aim of enhancing its employees understanding to Sharia related matters and to provide a greater insight into Islamic finance topics, …
Islamic Banking Gains Significant Market Share in Oman
Dubai: Islamic banking in Oman is growing at a faster rate than conventional banking segment, with Islamic banking assets up more than 62 per cent …
Clifford Chance Advises Oman on Sukuk Issuance
International law firm Clifford Chance has advised the Government of the Sultanate of Oman on its return to the international debt capital markets …
Meethaq Bank, Oman Posts Q1 results
Meethaq Islamic financing receivables rose to OMR 902 million of 31 March 2017 compared to OMR 665 million in the same period of 2016. Islamic banking …