Nama Electricity Distribution Company has successfully issued a sukuk valued at US$750 million (RO 288.75 million) for a term of seven years, with a profit rate of 5.250 percent.
The Fund was launched by Bank Muscat’s Asset Management, which is the largest asset manager in the Sultanate of Oman and one of the most experienced asset managers in the GCC region.
The visit underscored the IB’s commitment to fostering a global educational community and highlighted ABA’s pivotal role as an IB continuum school in Oman.
Filters International Sultanate of Oman, a division of Care n Cure Group, Qatar, opened a New Showroom in Salalah.
The OQ Exploration and Production Company has announced that its initial public offering (IPO) targeting institutional investors, has been fully covered at the maximum price of 390 baisas per share.
The primary objective of the program is to engage students in sustainability and responsible management education, fostering leadership in global sustainability initiatives.
Reaching New Heights: MCBS Students Explore Opportunities at the Global Aerospace Summit.
Bank Muscat is acting as the official collecting bank for the IPO, which is the largest IPO in the country’s history.
The airline had been grappling with financial woes and unpaid employee salaries for the past many months.
What began as the union of two well-established brands has evolved into a company dedicated to securing the future of individuals and businesses across the Sultanate of Oman.
The group allocates 5% of its profits to CSR initiatives in every country of operation, which spans Health, Housing, Hunger Free World, Education, Women empowerment and Environment, with a particular focus on empowering marginalized communities.
The bank was honoured with the Best Islamic Bank in Oman Award.
Oman bans work visas for expats in more than 200 professions
Oman updates prohibited professions for expats, adds ‘engineers’, ‘managers’ to the list
Free AI for all? UAE becomes first to offer ChatGPT Plus to every resident and citizen
Exclusive: Oman agrees to open visas for 11 professional categories from Pakistan, says Ambassador
Oman lifts travel ban on India, Pakistan, Bangladesh and other countries
Eid Al Fitr holidays announced in Oman
