Oman Gas working with banks on $1 bln bridge loan -sources
State-owned Oman Gas Co. is working with a group of banks to raise a bridge loan of slightly over $1…
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Bank Sohar continues to expand ATM network
Bank Sohar has launched two new offsite ATMs following up on an incisive strategy to expand its operational network across…
Oman shares end marginally lower
Oman’s benchmark MSM30 Index was marginally lower by 0.04 per cent to close at 5,014.41 points. The MSM Sharia…
Interview – ‘Oman market is an important part of Rolls-Royce’s Middle East strategy’
Torsten Müller-Ötvös, chief executive of Rolls-Royce Motor Cars Ltd was recently in Oman for a vacation along with family. …
The 'black magic' bank heist
One day in August 1995 a man called Foutanga Babani Sissoko walked into the head office of the Dubai Islamic…
Banking on Kuwait's Local Market
Global Finance: What is your general sense of the banking sector in Kuwait today? Michel Accad: It is maybe…
Saudi Arabia’s central bank launches Ripple pilot
The Saudi Arabia Monetary Authority, the kingdom's central bank, has signed on with Ripple to use the Ripple xCurrent payment…
Blockchain-based payments ideal for Bahrain
Bahrain should follow Dubai’s example and implement a blockchain based payments platform to provide the government with instant reconciliation and…
Israel, a Leading Tax Haven
Largely tax-free, they’re controlled by Wall Street and other powerful financial interests, part of a global tax injustice system, governments…
Egypt's Biggest Bank Seeks $500 Million Loans, Eyes Saudi Market
The National Bank of Egypt is looking to secure $500 million in loans by the end of June, shunning the…
Saudi Arabia's equity market is trading at attractive valuations, says BofAML
Saudi Arabia's stock market, the Arab worlds’ largest, is attractive thanks to its current cheap valuation compared to other emerging…
Malaysian wealth fund Khazanah unit said to be in talks to sell Turkish insurer
A unit of Malaysia’s sovereign wealth fund plans to sell its Turkish health-insurance business to focus on its home market,…