MUSCAT: Total assets of Islamic banks and windows in the Sultanate of Oman reached approximately RO 9.3 billion by the end of November 2025, accounting for 19.4 per cent of total banking sector assets. This represents a 12.3 per cent increase compared with the same period in 2024. Figures released by the Central Bank of […]
Muscat: Oman’s Islamic finance industry, which reached a value of about $36 billion at the end of last year, is projected to balloon to $45 billion in 2026, underscoring the strong growth trajectory of Sharia-compliant finance in the Sultanate of Oman. According to Fitch Ratings, the sector is expected to witness double-digit growth this year, […]
Elon Musk’s rocket and satellite company SpaceX is seeking to raise about $75 billion in what would be the largest initial public offering (IPO) on record, according to an updated prospectus filed with the US Securities and Exchange Commission (SEC)on Wednesday. At an offering price of $135 per share, the company would be valued at […]
