Bank Nizwa in black, records 1.3m-rial profit - Oman Tribune
Bank Nizwa posted a net profit of 1.3 million rials during the first half of the year, compared to a net loss of 727,000 rials last year, registering a 279 per cent growth. Total assets of the bank went up by 45 per cent to 612.99 million rials from ...
Oman's dollar peg under pressure as weak oil prices hit state finances - The National
Forward contracts for the Omani rial, which is pegged at a rate of 0.39 rial to the dollar, jumped to a five-month high in June, according to prices compiled by Bloomberg. The contracts are about 70 per cent higher than those for Qatar, a country that ...
ahlibank logs 12.4m-rial profit in H1 - Oman Tribune
Ahli Bank posted a net profit of 12.4 million rials in the first half of the year. There was a 12.7 per cent fall in the net from 14.2 million rials recorded last year, according to a filing on the Muscat Securities Market. The bank's net loans and ...
Bank deposits increase 4.4% to 19b rials - Oman Tribune
Government deposits with conventional banks went up by 11.1 per cent to 5.2 billion rials, according to report from the Central Bank of Oman (CBO). Deposits of public enterprises declined by 17.4 percent to 1 billion rials during the period. Private ...altro »
Credit disbursement up 6% to touch 22b rials till April - Oman Tribune
Narrow money stock (M1) when measured on year-on-year basis, registered a drop of 3.3 per cent to 5.2 billion rials. However, quasimoney (Omani rial saving and time deposits, certificates of deposit issued by banks, margin deposits and foreign currency ...
Mining strategy by Dec - Oman Tribune
Alongside, work on the 1-billion rial rail project to connect Al Shuwaymiyah and Manji in Dhofar to Duqm port for transporting minerals was progressing, according to the Public Authority for Mining CEO Hilal Al Busaidi. He said this after signing an ...
Iconic locations to spur tourism drive - Oman Tribune
To increase tourist stays in Oman by an average of at least one day by 2020, this initiative looks to encourage the development of integrated services and facilities. Examples include water parks, amusement parks and shopping malls. The Ministry of ...
Omani economy expected to continue slowdown this year, says CBO - Times of Oman
Muscat: Oman's economy is expected to witness a slowdown in 2017, but the country is well placed to deal with the challenges posed by the economic slowdown in the short term, the Central Bank of Oman (CBO) said in its annual report released on Sunday.altro »
Bank Muscat posts OMR84m net profit - Pakistan Observer
Bank Muscat, the leading financial institution in the Sultanate of Oman, reported a net profit of 84.31 million Omani rial ($218.8 million) for the first half of 2017, down from OMR90.47 million for the same period last year. The bank's net interest ...altro »
Aumenta il costo del visto d'ingresso in Oman - WeBITmag il sistema Turismo
Originaltour, operatore turistico specializzato sull'Oman, destinazione che programma dal 1998, ci segnala che dal 24 aprile scorso è aumentato il costo d'ingresso del visto per entrare nel paese. Infatti, è stato abolito il costo agevolato di 5 Oman ...altro »