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Oman , Friday 21 February 2020

News Oman Finance: Know Oman: Here is how you should go about getting your end-of-service settlement

Published on: Saturday 01 February 2020
Know Oman: Here is how you should go about getting your end-of-service settlement
News source: https://www.zawya.com/uae/en/legal/story/Know_Oman_Here_is_how_you_should_go_about_getting_your_endofservice_settlement-SNG_166106955/

“Article (3) of the Oman Labour Law says that any release ... It offers legal representation across a wide range of practice areas that include labour law, corporate, commercial, contracts, banking ...

News Oman Finance: Credit to Oman's private sector grows to $59.22bln

Published on: Saturday 01 February 2020
Credit to Oman's private sector grows to $59.22bln
News source: https://www.zawya.com/uae/en/business/story/Credit_to_Omans_private_sector_grows_to_5922bln-ZAWYA20200202074411/

Credit to Oman's private sector has increased by 2.6 percent to OMR22.8 billion ($58.22 billion) at the end of November 2019. Of the total credit to the private sector, the non-financial corporate ...

News Oman Finance: NBO Hosts Us-Based Financial Analysts at Global Investment Conclave 2019

Published on: Saturday 23 November 2019
NBO Hosts Us-Based Financial Analysts at Global Investment Conclave 2019
News source: https://www.albawaba.com/business/pr/nbo-hosts-us-based-financial-analysts-global-investment-conclave-2019-1323053

National Bank of Oman (NBO) recently hosted the Global Investment Conclave 2019 held in partnership ... Speakers also commented on the most critical issues currently influencing financial markets such ...

News Oman Finance: Oman Gas gears up for role as Transmission System Operator

Published on: Sunday 24 November 2019
Oman Gas gears up for role as Transmission System Operator
News source: https://www.zawya.com/mena/en/business/story/Oman_Gas_gears_up_for_role_as_Transmission_System_Operator-SNG_160330692/

MUSCAT, NOV 24 – A Royal Decree conferring upon Oman Gas Company (OGC) the status of Transmission System Operator (TSO ... These tariffs will generate a steady stream of revenues for OGC to finance, ...

News Oman Finance: Bank Nizwa CEO: Compliance With Sharia Is Key to Make Islamic Finance Mainstream in Oman

Published on: Monday 07 October 2019
Bank Nizwa CEO: Compliance With Sharia Is Key to Make Islamic Finance Mainstream in Oman
News source: https://www.albawaba.com/business/pr/bank-nizwa-ceo-compliance-sharia-key-make-islamic-finance-mainstream-oman-1313556

Speaking during the conference, the CEO of Bank Nizwa said, “Islamic finance is one of the fastest growing segments of international financial markets and has shown strong growth rates in Oman as well ...

News Oman Finance: Oman- Bank Muscat to organise RO1.5mn Al Mazyona mid-year draw in Salalah

Published on: Sunday 21 July 2019
Oman- Bank Muscat to organise RO1.5mn Al Mazyona mid-year draw in Salalah
News source: https://menafn.com/1098784510/Oman-Bank-Muscat-to-organise-RO15mn-Al-Mazyona-midyear-draw-in-Salalah

the flagship financial services provider in the sultanate, in step with its vision 'To serve you better, everyday' and commitment to partnership in promoting a strong savings culture in Oman, is ...

News Oman Finance: Oman- Euromoney honours Bank Muscat for outstanding contribution

Published on: Sunday 21 July 2019
Oman- Euromoney honours Bank Muscat for outstanding contribution
News source: https://menafn.com/1098784511/Oman-Euromoney-honours-Bank-Muscat-for-outstanding-contribution

Bank Muscat, the flagship financial services provider in the sultanate, has won 'Oman's Best Bank' award by Euromoney. The prestigious award was presented in recognition of Bank Muscat's ...

News Oman Finance: Oman balance sheet strong but risks remain, S&P says

Published on: Monday 06 May 2019
News source: https://www.thenational.ae/business/economy/oman-balance-sheet-strong-but-risks-remain-s-p-says-1.857917

On the flipside, said S&P, Oman would receive support from other GCC countries “in the event of financial stress”, providing additional support to the rating.

News Oman Finance: Gunvor arranging Oman loan linked to oil for up to $3 bln - sources

Published on: Monday 06 May 2019
News source: https://www.reuters.com/article/oman-gunvor-grp-loans-idUSL5N22E5SJ

The Gulf producer, which was hit hard when oil prices slumped in 2014, has increasingly raised finance through selling bonds and funds provided by banks over the past few years. Oman, a relatively ...

News Oman Finance: Bankruptcy and Insolvency Law likely this year in Oman

Published on: Monday 06 May 2019
News source: https://www.zawya.com/mena/en/legal/story/Bankruptcy_and_Insolvency_Law_likely_this_year_in_Oman-SNG_143842446/

By allowing businesses to restructure and adapt their business level when facing financial issues, this law will be beneficial to the business environment in Oman, said ISFU in new a report on this ...

News Oman Finance: Oman to host First Islamic Fintech Forum in June

Published on: Sunday 05 May 2019
News source: https://menafn.com/1098482003/Oman-to-host-First-Islamic-Fintech-Forum-in-June

(MENAFN - Muscat Daily) Muscat- After the UAE, Malaysia and Turkey, Elmangos will bring its expertise in organising financial technology (fintech) events to Oman as it will hold Oman's First ...