BUSINESS

OQIC shares listed on MSM

Shares opened at 164bz compared to the offer price of 160bz
October 21, 2017
A newly established entity Duqm Quarries Company will manage and regulate the mining and quarrying sector in the Duqm Special Economic Zone (SEZD).
October 21, 2017
The launch of the agricultural insurance products follows meetings and consultations with farmers.
October 21, 2017
Earnings per share increased from 5bz in first nine months period 2016 to 24bz in same period of 2017 on weighted average of 100mn shares.
October 18, 2017
The UK-based Kee Safety is the leading global provider of fall protection solutions and products associated with working at height.
October 18, 2017
The Invest in Oman Forum featured speakers from Duqm Special Economic Zone, ASAAS, Petroleum Development Oman, Port of Duqm and HSBC.
October 18, 2017
Bank Sohar recently conducted a workshop to discuss the roadmap and set the framework for its operations in the upcoming five years.
October 18, 2017
Zadjali served as the executive president of the CBO for 26 years, setting a record as the world’s second-longest serving central bank chief
October 17, 2017
The fundraising programme will support Nama Group’s capital expenditure for distribution and transmission network, and to refinance the existing short term borrowings.
October 17, 2017
“Technological innovation in the financial sector is a global trend, reaching developed and developing economies alike,” said S&P Global Ratings credit analyst Mohamed Damak.
October 17, 2017
Average accepted price reached RO99.711 for every RO100 bill, while the minimum accepted price arrived at RO99.705 per RO100.
October 17, 2017
Ahlibank on Tuesday said its rights issue of RO50mn perpetual bonds successfully closed with an oversubscription.
October 17, 2017
Total investment in setting up the plant at Sohar Industrial Estate has been RO10mn
October 16, 2017
The intended acquisition is in line with Omantel’s Corporate Strategy 3.0 aiming for growth and diversification of its revenue-mix
October 16, 2017
The exports of Omani gypsum ore reached 6.1mn tons during the first nine months of 2017
October 16, 2017
Retail investors have been allotted 100 per cent of the shares they applied for, while institutional investors have been allotted 63 per cent of shares that they demanded for.
October 16, 2017
The bank focuses on financing projects that will help the biggest number of entrepreneurs.
October 16, 2017
Group revenue increased three per cent to RO406.8mn compared to RO394.8mn in the same period of the previous year
October 15, 2017
The award was received by PSC CEO Saud bin Ahmed al Nahari in Cannes, France.
October 15, 2017
Oman, represented by the Public Authority for Electricity and Water (PAEW) and the Nama Group, will host the 13th Gulf Power Conference.
October 15, 2017
NLGIC is offering 66.25mn shares at an offer price of 320bz per share
October 15, 2017
The 2nd Omani-Russian Business Forum is taking place on October 15-16, 2017 in Muscat.
October 14, 2017
Net income from Islamic financing was RO19.08mn compared to RO17.78mn last year, an increase of 7.3 per cent.
October 14, 2017
Group chairman Mark Tucker said, “Flint has broad and deep banking experience across regions, businesses and functions.”
October 14, 2017
OQIC’s shares are expected to begin trading on the Muscat Securities Market (MSM) on Thursday.
October 14, 2017
$185bn worth of schemes currently planned or underway in the region
October 11, 2017
The IMF also forecasts a decline in Oman’s balance of payment deficit as a percentage of the GDP from 13.2 per cent in 2015 to 6.1 per cent in 2022.
October 11, 2017
Oman’s delegation will meet on the sidelines of the meetings with representatives of international banks and financial institutions to discuss the relations between the sultanate and these institutions.
October 11, 2017
QNB Group’s total assets reached QAR792bn, up by 11 per cent from September 2016, the highest ever achieved by the group
October 11, 2017
Omantel has signed a non-binding letter of intent to purchase an additional 12 per cent stake in Kuwaiti telecommunication firm Zain Group from Kuwait-based company Al Khair.
October 09, 2017