Bank Muscat posts RO 255.54 million net profit for 2025 Finance

Bank Muscat posts RO 255.54 million net profit for 2025

MUSCAT: Bank Muscat, the flagship financial institution in the Sultanate of Oman, announced its preliminary unaudited results for the year ended December 31, 2025. The Bank posted a net profit of RO 255.54 million for the period compared to RO 225.58 million reported during the same period in 2024, an increase of 13.3 per cent. […]

RO 583 million FFO portfolio boosts investment drive Business

RO 583 million FFO portfolio boosts investment drive

MUSCAT, JUNE 9 Future Fund Oman (FFO), a key investment arm of Oman Investment Authority (OIA), has unveiled a new portfolio of 105 strategic projects and investments worth RO 583 million, reinforcing the Sultanate of Oman’s drive to diversify its economy, attract foreign capital and strengthen private sector participation. The newly announced portfolio includes RO […]

RO 183 million for projects in Al Sharqiyah North National

RO 183 million for projects in Al Sharqiyah North

MOHAMMED AL SAADI IBRA, JUNE 10 Mahmoud bin Yahya al Thuhli, Governor of Al Sharqiyah North, said that the total cost of strategic projects included in the governorate’s Tenth Five-Year Plan exceeds RO 183 million, spanning the health, roads, housing, industry, public services and recreation sectors. During a media briefing, the governor explained that among […]

Treasury bill issuance reaches RO 61 million Finance

Treasury bill issuance reaches RO 61 million

MUSCAT: The total value of government treasury bills allocated this week reached RO 61.4 million, according to the Central Bank of Oman (CBO). In a statement issued on Monday, the CBO said the treasury bills have a maturity period of 91 days. The average accepted price stood at RO 99.047 per RO 100, while the […]