MUSCAT: Several companies in Oman, including a real estate developer, are planning to issue sukuk or Islamic debt instrument.
A real estate company has...
Muscat: Bank Muscat, the flagship financial services provider in the Sultanate, has signed a first-of-its-kind agreement in the banking sector in Oman with...
London: Lloyds Banking Group rewarded investors with a surprise two billion pound payout on Thursday, underlining its intent to be the biggest dividend...
Muscat: A tender of Government Treasury Bills, issue number 441, was held at the Central Bank of Oman (CBO) this week. The total value of the allotted...
Beijing: China's central bank has injected a whopping 163 billion yuan into 20 financial institutions to ease liquidity strain in the world's second...
Munich: Allianz missed analyst estimates for fourth-quarter profit on claims from natural catastrophes.
Net income at Europe’s biggest insurer increased...
New York: Citigroup plans to exit retail banking in Argentina and Brazil, where the company has maintained operations for more than 100 years, a person...
Cairo: Egypt’s currency dealers have requested the central bank ease restrictions they say will lessen a dollar shortage gripping the country that’s...
London: The Bank of England (BoE) cut its growth forecasts on Thursday and the only policymaker who had been pushing for a rate hike reversed his position,...
Muscat: Central Bank of Oman (CBO) announced the new issue of government development bonds (GDB). The size of the new issue is fixed at OMR100 million with...