Banking

Bank Muscat’s Robust Performance Reflects Resilience Amid Economic Dynamics

Bank Muscat's latest financial disclosure reveals a commendable performance for the fiscal year ending December 31, 2023. The bank reported…

2 years ago

Oman’s Banking Sector Flourishes, Lending Surges and Deposits Skyrocket in 2023

In a testament to Oman's economic vigor, the banking sector has displayed remarkable resilience and growth in lending and deposits…

2 years ago

EQ Bank’s Soaring Success Unveils New Avenues for Canada’s Banking Landscape

In a standout performance amid challenges faced by Canadian banks, EQB Inc, the digital banking standout, has witnessed a remarkable…

2 years ago

OakNorth Banks on Regulatory Expertise with Appointment of Adair Turner as Chairman

Adair Turner, former head of the Financial Services Authority, has been appointed chairman of OakNorth, a UK business bank backed…

2 years ago

Salalah Free Zone Keeps Growing: A Closer Look at the RO728mn Investments in 2023

In a significant economic milestone, Salalah Free Zone in Oman has witnessed a surge in investments, securing RO728mn in 2023.…

2 years ago

Hong Kong Retains Top Ranking as Asia Pacific’s Most Expensive Retail Destination

Cushman & Wakefield (NYSE: CWK) today released the 33rd edition of its Main Streets Across the World report which examines prime retail…

2 years ago

Triterras and Mamun Forge Fintech Powerhouse to Catalyze MSME Growth in Oman

In conclusion, the Triterras-Mamun alliance emerges as a beacon of fintech synergy, poised to catalyze economic prosperity in Oman. By…

2 years ago

Bank of America Faces Congressional Probe Over January 6 Information-Sharing

In the latest development surrounding the investigation into banks' handling of customer information during the January 6, 2021, Capitol attack,…

2 years ago

Omantel Group Records Robust Financial Performance with 28.7% Surge in Net Profit

Omantel Group, a major telecommunications player, reported a substantial 28.7% surge in net profit, reaching RO251mn for the first nine…

2 years ago

Bank of England Considers Overhaul of Clearing House Regulations

In summary, the Bank of England is planning "fundamental rules" for clearing and settlement houses in the UK. These rules…

2 years ago