Finance
Central Bank of Oman Raises Repo Rate to 4.5% Following...
An announcement was made by the CBO that the interest rate charged during the repo operations will rise by 25...
Finance
Central Bank of Oman announces fee waiver for local digital...
Muscat: In line with the Royal Directives of His Majesty Sultan Haitham bin Tarik to enhance the efficiency of government...
Finance
Sohar International weighs China or Hong Kong
MUSCAT, AUG 29 Leading Omani banking institution, Sohar International Bank SAOG, has announced that it is exploring the opening of...
Finance
Oman’s national payment card will offer a local alternative
The Central Bank of Oman (Oman) recently announced that local banks in the country will soon issue a national payment...
Finance
CBO launches online system for Sharia-compliant securities
Muscat- The Central Bank of Oman (CBO) has launched an electronic system to provide Sharia-compliant liquidity management tools to licensed...
Finance
CBO unveils brand identity of Oman’s national payment card
The Central Bank of Oman (CBO) has revealed the brand identity of the national payment card, which will be called...
Finance
Oman sees explosive rise in instant payment solutions
Muscat: The Sultanate of Oman is experiencing an explosive rise, driven by mobile and instant payment solutions, which also underscores...
Finance
Cheques returned due to ‘insufficient funds’ decline by 12.2% in...
Muscat: The Sultante of Oman is experiencing a decline in unpaid cheques and non-sufficient funds incidents, reflecting improvement in payment reliability...
Finance
Money exchanges evolving in Oman amid digitalization: CBO
The operational and financial performance of Money Exchange Establishments (MEEs) in the Sultanate of Oman continued to evolve in 2024, reflecting...
Finance
OHB approves RO 4.3m in housing loans for integrated neighbourhoods
MUSCAT, OCT 6 Oman Housing Bank (OHB) is accelerating access to affordable homes through tailored financing and closer collaboration with...