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Sunday, July 26, 2026 | Safar 11, 1448 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Banking

Bank Nizwa proposes Alizz merger, Ominvest to take strategic stake

Muscat: Bank Nizwa has proposed acquiring Alizz Islamic Bank and merging it into its operations, in a deal that could create a larger Islamic lender and bring Ominvest in as a major strategic shareholder. The proposal...

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Instant payments are here to stay in Oman

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Oman’s Islamic finance sector poised to top $45 billion in 2026

The CBO launched an e-system providing Sharia-compliant liquidity management tools for Islamic banks

EDO issues $650m 10-year sukuk

This transaction is part of EDO’s ongoing financing strategy.

Islamic banking assets in Oman reach RO 9.3 billion

The amount represents a 12.3 per cent increase compared with the same period in 2024.

CBO offers two new GDB issues

The instruments form part of the government’s domestic debt programme and provide additional funding options in the local market— ONA

Thawani Pay, Network International sign partnership

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Bank Muscat posts RO 255.54 million net profit for 2025

The Bank posted an increase of 13.3 per cent in net profit.

Bank credit in Oman expands to RO 35 billion

The largest share of credit went to the non-financial corporate sector, accounting for 47.2 per cent.

Banks eye Venezuela investment

People walk in front of a JP Morgan Financial Center in New York City. — Reuters

Banks, bourse and FDI drive Oman’s 2026 budget

Total debt at RO 13.827 billion in 2026 is equivalent to 33.0% of GDP.

Sohar International gets initial nod for HK representative office

The Hong Kong step comes after a period of major change for Sohar International at home and in the region.

Bank credit in Oman up 8.6%

Credit to the private sector increased by 4.4 per cent year-on-year to reach RO 21.6 billion.

Dollar firm ahead of central bank decisions

The dollar index, which tracks the greenback against a basket of major currencies, was little changed at 98.39 after rising 0.2% in the previous session. — Reuters

Central Bank of Oman rolls out partial payment cheque system

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How to use the Omani Rial symbol

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