Category: News

Banking & Finance
bankmuscat
Bank Muscat Board proposes dividend for 2015

Bank Muscat, the flagship financial services provider in the Sultanate, has proposed 30 per cent dividend for the year 2015. Continuing the bank’s strong dividend payment track record, the Board of Directors has proposed 25 per cent cash dividend for the year 2015 which is consistent with the cash dividend paid in the last five years.

ECONOMY
Omaneconomy
Oman’s GDP falls 14.2 per cent in first half of 2015

Oman’s nominal gross domestic product (GDP) fell 14.2 per cent during the first half of 2015, compared to the same period last year, due to lower crude oil prices in global markets and subdued global growth, according to the monthly report issued by the Central Bank of Oman (CBO). The petroleum sector (in GDP) declined […]

Banking & Finance
BM
Bank Muscat wins Barclays STP award

Bank Muscat, the flagship financial services provider in the Sultanate, has won a prestigious straight through processing (STP) award from Barclays Bank in recognition of operational excellence in the field of British Pound (GBP) payments processing.