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Mashreq allocates AED 1 billion in financing to industrial companies

UAE’s Mashreq to expand its global reach with Oracle

The lender will replace its core systems with Oracle solutions to modernise, streamline, and enhance its operations
OAB unveils direct debit service for seamless payment automation

OAB unveils direct debit service for seamless payment automation

The innovative service is part of the bank’s commitment to providing cutting-edge banking solutions, accessible 24/7 through electronic platforms and the mobile app
Oman’s Bank Nizwa, MSA Green sign sustainability-linked financing deal

Oman’s Bank Nizwa, MSA Green sign sustainability-linked financing deal

The initiative underscores Bank Nizwa’s dedication to leading sustainable development and advancing environmental objectives
Oman’s Bank Nizwa, MSA Green sign sustainability-linked financing deal

Bank Nizwa, Oman Housing Bank partner to provide home financing solutions

Bank Nizwa is among four distinguished banks enlisted as finance partners to provide applicants with government-subsidized housing financing
Oman’s Ahli Islamic Bank signs landmark MoU with AAOIFI

Ahli Islamic Bank signs landmark MoU with AAOIFI

The MoU seeks to synergise the expertise of Ahli Islamic and AAOIFI, by way of collaboration that involves a series of technical and professional activities
Oman’s Sohar International secures Saudi banking licence

Oman’s Sohar International secures Saudi banking licence

The bank’s expansion is poised to catalyse job creation, facilitate knowledge exchange, and promote skill development
National Bank of Oman, Federal Bank of India partnership

National Bank of Oman, Federal Bank of India partner to simplify money transfer

The innovative service offers a fast, simple and secure way to transfer money, catering to the modern customer's need for convenience and efficiency
Ahli Bank branch in Madinat al Sultan Qaboos

Oman’s Ahli Bank rejects merger offer from Bank Dhofar

The bank’s board of directors studied the non-binding proposal from Bank Dhofar and decided not to accept it
EFG Hermes unveils enhanced custody and asset servicing platform

EFG Hermes concludes advisory on $244 million IPO of Abraj Energy

The IPO attracted demand of $2.05 billion (OMR 791 million) for shares from both retail and institutional investors

HSBC Oman agrees to Sohar International Bank merger

HSBC Bank Oman and local rival Sohar International Bank said Wednesday that they have agreed on terms of a merger that will create one...