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Sunday, May 31, 2026 | Dhu al-hijjah 13, 1447 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
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

Digital banks in Oman get green-light from CBO

The new framework is expected to pave the way for digital-first banking models, improve access to finance, and foster innovation in Oman’s financial sector.

Digital banks get green light in Oman

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Banking credit reaches RO 33.4 billion by March 2025

Private sector credit accounted for the lion’s share, growing by 6.9% to stand at RO 27.7 billion.

What is an International Bank Account Number (IBAN)

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MSX to host global strategy expert Lord Richards

Mohammed bin Mahfoudh al Ardhi

CBFS conference explores AI’s role in banking and finance

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CBO boosts digital banking with new direct debit system

The newly improved Direct Debit service enables the full digital processing of mandates—right from issuance and authorisation to execution—through electronic banking channels.

Oman hosts World Bank Group Day, inks green finance deals

High-level officials from Oman, World Bank Group, IFC, MIGA and other institutions at the event.

Outlook favourable for Omani banks in 2025: Fitch

According to Fitch, Oman’s ongoing economic diversification is enhancing the country’s growth prospects and creating new opportunities for the banking sector.

Ahlibank approves LoI for merger with Sohar Intl Bank

Oman - World Bank joint workshop to boost investment

The forum will showcase sustainable investment opportunities across various sectors

Sohar International proposes merger with Ahli Bank

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IBAN must for all domestic transactions from July 1: CBO

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Oman embraces IBAN for enhanced banking

This initiative is set to elevate the efficiency of payment processes across Oman.

Sohar International announces RO2.1 million debt relief to distressed families

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