DUBAI, Nov 16 (Reuters) - HSBC Bank Oman and local rival Sohar International Bank have entered into a binding merger agreement, the two lenders said on Wednesday. All assets and liabilities of HSBC ...

Bahrain I Egypt I Iran I Israel I Jordan I Kuwait I Lebanon I Morocco I Oman I Qatar I Saudi Arabia I United Arab Emirates I Lifetime Achievement Competition in Oman is becoming much more intense, ...

DUBAI, April 11 (Reuters) - Ahli Bank in Oman ABOB.OM said on Tuesday it received a non-binding offer from Oman's second-biggest lender Bank Dhofar BKDB.OM for a possible merger. Ahli Bank, part owned ...

20 June 2009MUSCAT -- Oman Arab Bank has been adjudged the 'No 1 Bank in Oman' in the Business Today-Ernst & Young's Banking and NBFC Survey conducted recently. During these unstable times, Oman Arab ...

Oman’s largest bank by assets is also the Sultanate’s best bank. It is big in its home territory: Bank Muscat is three times the size of Oman’s second- , third- and fourth-largest lenders combined. In ...

Oman's banking sector has shown consistent growth over the last decade, with total assets almost doubling from RO 25.8 billion in 2015 to a projected RO 47.8 billion by the end of 2025. This ...

Oman has introduced its first polymer one-rial banknote, designed to last longer and stay more secure than previous ones. The new banknote, which will start circulating from January 11, 2026, also ...

The average interest rate on total loans fell by 3.3 per cent to 5.44 per cent by the end of October 2025, down from 5.63 per cent during the same period last year. Image: Canva Total loans and ...

Sohar International Bank has received approval from Oman’s central bank to acquire a majority stake in a Saudi-based financial advisory company as part of its regional expansion strategy. The ...

MUSCAT/DUBAI (Reuters) - For religious reasons, Omani clerk Ali al-Sulaimi does not believe in paying interest on borrowed money, but he badly wants to build a house for his family. Islamic banks ...

Oman Air has signed a Memorandum of Understanding (MoU) with Bank Muscat, the leading Omani financial services provider. Under the terms of the MoU, Oman Air SAOC and Bank Muscat will work across a ...

DUBAI, April 12 (Reuters) - Ahli Bank in Oman (ABOB.OM), opens new tab said on Wednesday its board disapproved a merger offer from Oman's second-biggest lender Bank Dhofar (BKDB.OM), opens new tab.