Thursday 19 May 2022
Q4 profit

Omantel Q1 profit edges up 0.6pc

Oman Telecommunications (Omantel) reported a 0.6 per cent rise in first-quarter profit on Thursday, beating analysts' estimates amid strong revenues from fixed and mobile broadband services. The former monopoly made a net prof


Ooredoo Oman Q4 profit falls 17pc to $21m

Ooredoo Oman, a leading telecoms operator, reported a net profit of RO8.3 million ($21.6 million) in the fourth quarter of 2014, down from RO10 million ($25.8 million) in the year-earlier period, marking a 17 per cent fall in fourth-quarter prof


UNB Q4 net profit up 42pc to $118m

Union National Bank, 50 per cent owned by the Abu Dhabi government, posted a 42 per cent rise in fourth-quarter net profit on Tuesday. The fifth-largest lender in the emirate by assets reported a net profit of Dh436 million ($118.


Bank Sohar Q4 net profit climbs 20pc

Oman's Bank Sohar, currently in talks with rival lender Bank Dhofar over a possible merger, posted a 20.5 percent increase in fourth-quarter net profit on Tuesday. Sohar, the sultanate's fifth-largest bank by market value,

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