National Bank of Oman (NBO) has mandated five leading banks to arrange investor meetings starting tomorrow ahead of a potential capital-boosting bond sale. In a statement to the Muscat Securities Market, the bank said it has mandated Bank of America-Merrill Lynch, Citigroup, Credit Agricole, National Bank of Abu Dhabi and Standard Chartered for the potential offering.
The international credit rating agency Capital Intelligence (CI) on Tuesday said that it has affirmed Oman-based Ahli Bank’s financial strength rating (FSR) at ‘BBB’, in view of the bank’s very sound loan asset quality.
According to a key indicator released on Tuesday, the slump in oil prices affecting growth in private sectors in the two biggest Arab economies.
Healthcare spending in the Middle East and North Africa region is on its growth track to reach ~USD 144 billion by 2020, following enormous development witnessed over the last 10 years, according to estimates by Al Masah Capital. Crossing USD 95.8 billion in 2013, government spending in healthcare across the region tripled from just ~USD […]
His Excellency Eng. Salim bin Nasser Al Aufi, Undersecretary of Ministry of Oil and Gas, visited BP Oman’s Khazzan field on 27th October to review progress of the project as BP prepares to deliver first gas in 2017.
The highly popular series of Open Day for exclusive personal finance offerings launched by Bank Muscat is all set to benefit citizens and residents in the wilayat of Sur at Makkah Hypermarket on 4 and 5 November from 10 am to 10 pm.
Bank Muscat, the flagship financial services provider in the Sultanate, as part of its ‘Let’s Do More’ vision and commitment to partnership in supporting youth to embark on entrepreneurial ventures, launched al Wathbah Academy in Sohar.
National Bank of Oman has selected the first recipient of its scholarship programme in celebration of the 45th National Day.