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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

New Law supports digital banks, Fintech, crowdfunding

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Bank Muscat extends support to Fak Kurba to resolve 346 cases

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Foreign assets of CBO exceed RO7 billion

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Moody’s upgrades Oman’s banking sector to ‘positive’

Banking sector profitability levels are expected to stay steady, says Moody’s

Sohar International appoints CEO

Abdul Wahid al Murshidi, CEO, Sohar International

Mixing love and money: Good for your finances and relationship

Shawn and Carlyle Button created their money-managing arrangement. I take the heavier weight of bills because Shawn manages our savings account, Carlyle Button says. (Mike Belleme/The New York Times)

CBO ALLOCATES RO 52.8 million IN treasury bills

Treasury bills serve as a short-term investment tool managed by CBO.

Islamic banking assets grow to RO 8.3 Billion

This represents a year-on-year growth of 15.4%.

Oman’s banking sector records robust growth in Q4 2024

The strong performance in 2024 sets a solid foundation for Omani banks to build upon in 2025.

Mashreq expands corporate banking footprint to Oman

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Mashreq Bank launches services in Omani market

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Oman-backed GME posts strong growth in 2024

Total trading volume increased by 12 per cent year-on-year

Morning Bid: Inflation relief and bumper bank earnings

A man shops for meat at Eastern Market in Washington, US. — Reuters

Government treasury bills top RO 26 million

Treasury bills with a 28-day maturity were valued at RO 5 million.

Treasury bills Worth RO 45 million allocated

The CBO set the repo interest rate at 5% and the discount rate at 5.5% for these bills.
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