MUSCAT: The Central Bank of Oman (CBO) will host the 17th Islamic Financial Services Board (IFSB) Summit in Muscat from February 2–4, 2026, under the theme “Islamic Finance for the Future: Unlocking New Horizons with Global Impact”. The summit will bring together central banks, regulators, international organisations and industry leaders to explore the growing role […]
MUSCAT: The value of insured domestic sales supported by Credit Oman exceeded RO 180 million by the end of 2025, highlighting the organisation’s growing role in safeguarding business transactions and supporting private sector growth across the Sultanate of Oman. According to data released by Credit Oman, Muscat Governorate accounted for the largest share of insured […]
MUSCAT: Total credit extended by conventional commercial banks in the Sultanate of Oman rose by 8.6 per cent by the end of October 2025, reflecting steady growth in banking activity, according to official data. Credit to the private sector increased by 4.4 per cent year-on-year to reach RO 21.6 billion, underscoring continued lending support to […]
MUSCAT: Total credit extended by Oman’s banking sector reached around RO 35 billion by the end of November 2025, representing an increase of 8.8 per cent. Credit to the private sector grew by 6.9 per cent to RO 28.7 billion, reflecting sustained lending activity. Data from the Central Bank of Oman showed that the largest […]
