Finance
Islamic banking assets in Oman reach RO 9.3 billion
MUSCAT: Total assets of Islamic banks and windows in the Sultanate of Oman reached approximately RO 9.3 billion by the...
Finance
EDO issues $650m 10-year sukuk
MUSCAT: Energy Development Oman (EDO) has announced the successful issuance of a $650 million (RO 250 million) 10-year sukuk, maturing...
Finance
Oman’s Islamic finance sector poised to top $45 billion in...
Muscat: Oman’s Islamic finance industry, which reached a value of about $36 billion at the end of last year, is...
Finance
Instant payments are here to stay in Oman
Muscat: The Sultanate of Oman is seeing a big surge in the use of Instant Payment Systems (IPS) in 2025,...
Finance
Regional Network of Central Banks conference opens in Muscat
MUSCAT: The fifth conference of the Regional Network of Central Banks began in Muscat on Wednesday, hosted by the Central...
Finance
Moody’s revises Oman’s banking sector outlook to stable
CONRAD PRABHU MUSCAT: Leading international ratings agency Moody’s has revised the outlook for Oman’s banking sector (Baa3 stable) to stable...
Finance
FSA warns unlicensed audit firms
The Financial Services Authority (FSA) has emphasised the importance of verifying the authorisation of accounting offices before using their services....
Finance
CBO issues guidelines for ‘Buy Now, Pay Later’ service
The Central Bank of Oman (CBO) has issued a regulation governing the practice of the ‘Buy Now, Pay Later’ (BNPL)...
Finance
Oman Banks build climate finance skills
MUSCAT: Alizz Islamic Bank hosted a workshop on capacity building in climate finance for Omani banks at its headquarters on...
Finance
African Bank of Oman launched in Angola
BUSINESS REPORTER MUSCAT/LUANDA, APRIL 20 In line with the objectives of Oman Vision 2040, aimed at economic diversification and strengthening...