Bank Muscat, the flagship financial services provider in the Sultanate, in step with its ‘Let’s Do More’ vision and commitment to partnership in women empowerment initiatives, celebrated the Omani Women’s Day with a series of activities.
Total trading volume on the Muscat Securities Market (MSM) in the first nine months of this year amounted to OMR946.5 million, a fall of 44.7 per cent from its level in the same period last year, which stood at OMR1.7 billion.
Oman recorded the lowest inflation rate at 0.07 per cent in August among Gulf Cooperation Council (GCC) states. The highest inflation rate was recorded in the United Arab Emirates at 4.94 per cent in August, against the same period last year.
The Boeing 787 Dreamliner is an all-new, super-efficient family of commercial airplanes that brings big-jet ranges and speed to the middle of the market. In response to airlines’ overwhelming preference, Boeing designed the 787 family with superior efficiency, which allows airlines to profitably open new routes to fly people directly where they’d like to go in exceptional comfort.
Oman’s crude oil and condensates production edged up 0.12 per cent to 29.70 million barrels in September 2015, over the previous month. This is equivalent to an average of 990,030 barrels per day.
Bank Muscat, the flagship financial services provider in the Sultanate, has won the Best Bank in Middle East and Africa for Liquidity Risk Management award by the Asian Banker. The bank is the first in the region to win this prestigious award from the Asian Banker.
Part of its strategic growth plan and continuous efforts to finance large-scale projects across the Sultanate, Maisarah Islamic Banking Services signed an agreement with Shaza Oman to finance the construction of its flagship 5-star hotel in Muscat.
The merger of Ominvest and ONIC Holding has created the largest publicly traded investment company in Oman. AbdulAziz Al Balushi, CEO, Ominvest shares details about the idea, process, advantages and future of the merged entity in his first media interview after the formalisation of the merger. Mayank Singh reports.
The importance of building a reputable and trusted brand can hardly be overstated. While numerous brands enter the market every year, the ones that capture a customer’s attention and confidence end up winning their trust. A customer judges a brand on multiple parameters like quality, service, pricing and desirability, and only those products that can […]
Paying for ongoing programmes and initiatives represents a key long-term challenge for Oman. But the Sultanate has a wide range of revenue boosting measures to cover the deficit. In the first quarter of 2015, Oman’s Central Bank announced that it was in the midst of finalising a plan to issue RO200mn worth of sovereign sukuk, or Islamic […]
