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Wednesday, October 09, 2024 | Rabi' ath-thani 5, 1446 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Banking

Oman Islamic banking assets reach RO 7.8 billion

MUSCAT: The first Islamic banking meeting held yesterday in Muscat provided an insightful review of the Islamic banking experience in Oman. The event, titled "Islamic Financial Transactions and Economic Stability,"...

Abdulsalam bin Mohammed al Murshidi, President of the Oman Investment Authority, presided over the event.

Oman Islamic banking assets reach RO 7.8 billion

Abdulsalam bin Mohammed al Murshidi, President of the Oman Investment Authority, presided over the event.

MOCIIP issues decision on commercial loans

MOCIIP

China launches late stimulus push to meet 2024 growth target

The headquartres of the People's Bank of China (PBOC)

CBO initiatives to strengthen monetary and financing landscape

The Central Bank is currently implementing numerous initiatives in collaboration with relevant entities to help advance the financial sector.

Apple Pay to boost cashless, cardless transactions

Apple Pay

Norway central bank sees no rate cut this year, keeps 16-year high

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CBO ready to implement partial cheque payment system

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Oman’s Islamic banking sector records substantial growth

Tahir al Amri, Executive President of the Central Bank of Oman

Banking sector credit climbs 3.8%

Credit extended to the private sector grew by 3.4 per cent, according to the CBO

OIA highlights support to State General Budget and debt reduction

Over the past year, OIA achieved a remarkable 24 per cent reduction in debt, amounting to RO 2.4 billion

Oman awaits Apple Pay launch in September

Personal loans climb 4.8 pc to RO 11.4 bn in Oman

The household sector continues to benefit from relatively affordable borrowing rates

Oman records fewer bounced cheques as e-payments gain popularity

Around 362,000 bad cheques were issued during 2023.

Regulatory framework for Buy Now Pay Later service under development: CBO

Revenues from the fintech industry in the Mena region are projected to reach $3.5 - 4.5 billion by 2025.

Islamic banking assets in Oman surge by 17.4 per cent

The combined total assets of Islamic banks and windows in Oman reached approximately RO 7.600 billion.
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