Monday 14 July 2014
 
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Oman bank

Oman bank to maintain easy policy

Oman's central bank is likely to keep its policy stance accommodative to boost confidence in the non-oil sector, although inflation may rise due to government spending to rein in social tensions. The Sultanate, hit by social unrest ea

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Oman's new bank to launch IPO next year

Oman's Al Izz International Bank, a lender under formation in the sultanate, plans to launch an initial public offering (IPO) in the third-quarter of 2011, its spokesman said on Sunday.    The new financial institution, whi

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Top Oman banks see surge in Q3 profits

Two of Oman's biggest banks, Bank Muscat and Bank Dhofar, posted a rise in third-quarter earnings raising hopes for a positive year-end close for the country's banking sector. Bank Muscat, Oman's largest bank by market value, s

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