Thursday 13 December 2018
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


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


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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