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Oman’s Bank Muscat H1 2022 net profit rises 5% to $258mln

Bank Muscat, Oman’s largest bank by assets, saw its H1 2022 net profit rise by 5% to 99.26 million riyals ($258 million) despite lower net interest income and higher operating expenses. Net interest income from conventional banking and net income from Islamic financing reached 166.25 million riyals for the first…

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