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Al Anwar

Oman's Al Anwar insurance unit plans IPO

Oman's Falcon Insurance plans an initial public offer of shares, its parent company Al Anwar Holding said on Wednesday. The flotation is subject to approval by regulators and shareholders, Al Anwar, which has a 51 per cent sta

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Oman's Al Anwar announces stock buy-back plan

Al Anwar Holdings, one of the major investment holding companies in Oman, said its stocks surged after the company's board decided to explore a potential buy-back of up to 10 per cent of its shares at a price of up to 0.223 rial per share.

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Al Anwar wins case against Addax Bank

Oman-based Al Anwar Holding has won a legal case against Bahrain-based Addax Bank regarding investments made in the bank.   In a filing to the Muscat Securities Market (MSM),

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Al Anwar to set up $53m Saudi finance firm

Oman's Al Anwar Holdings said on Saturday it had won approval to set up a 200 million riyal ($53.33 million) financial services firm in Saudi Arabia together with eight regional partners. The new company, which will provide services includ

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