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Sunday, May 31, 2026 | Dhu al-hijjah 13, 1447 H
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Banking

Oman banks face trust test as AI reshapes financial services

MUSCAT, MAY 23Oman’s banks must move beyond digital transformation and build trusted, AI-enabled financial ecosystems as technology reshapes competition, customer behaviour and the delivery of financial services, the...

Mustahil al Mamari, CEO — Oman Banks Association, addressing the New Age Banking Forum last week

CBO issues RO 39.03 million worth of treasury bills

13 Treasury bills

GCC banks' profitability to remain strong in 2024

Despite anticipated challenges in 2025, delay in Fed rate cuts boosts GCC banks' profitability.

Bank Muscat announces scheduled system maintenance

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Development Bank participates in 47th ADFIAP Annual Meeting

Delegation representing the Development Bank at the Phnom Penh forum.

Development Bank's lending portfolio reaches RO 245.8 million

The number of loans approved by the bank in Q1 2024 reached to 1,499 loans, worth RO 33.6 million.

CBO allocates RO 85.5 million in government treasury bills

Central Bank of Oman

Total bank loans in Oman reach RO 30.6 billion

Local liquidity in Oman increased by about RO 3.3 billion in February.

KCA Deutag secures $45m funding to build automated rigs

KCA Deutag secures $45m funding to build automated rigs

A strong US dollar weighs on the world

Exactly how these positives and negatives shake out depends on why the dollar is stronger, and that depends on the reason US interests rates might remain high.

Boost to digital payments as banks launch Samsung Wallet

The banks to launch the Samsung Wallet are the National Bank of Oman (NBO), Sohar International, Bank Dhofar, and Ahli Bank.

NBO launches Samsung Wallet in Oman

Customers can authenticate each transaction using facial or fingerprint recognition, a PIN code, or a One-Time Password.

Weather-affected can avail options to defer loan payments

Central Bank of Oman

Oman pioneers in digital banking, says BankDhofar head of retail banking

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Omani banks see strong start in 2024

Commercial banks posted net profits aggregating RO 125 million in Q1 2024.

Oman banks show continued credit growth

Oman banks show continued credit growth
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Near 50°C heat thins Oman's Eid crowds CAA issues Ebola protocols for travellers and airlines Muscat airport sees a drop in passengers due to regional aviation disruption Wajma village offers escapade from heat
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