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Tag: Oman

Posted on May 25, 2024

Fitch affirms Oman’s rating at ‘BB+’ with stable outlook

High dependence on oil revenue, modest financial buffers given high exposure to volatile hydrocarbon prices, and Oman’s net external debtor position weigh on the ratings, it noted. The government is …
Posted on May 24, 2024

Radisson Hotel Group opens first Radisson brand property in Oman

The new hotel features 165 rooms and suites, catering to both business and leisure travellers. Radisson Hotel Group Middle East, Africa (MEA) and South East Asia Pacific (SEAP) ch …

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Posted on May 24, 2024

Oman, Jordan ink MoU on enhancing investment opportunities across various sectors

The MoU deals with enhancing joint investment opportunities between Oman and Jordan in different fields, including information and communications technology (ICT), food, agriculture, medicines, …

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Posted on May 24, 2024

Islamic finance deal of the year – Oman: Sanvira’s $360 million facility

Phase 1 will see the development of a calcined petroleum coke plant with a capacity of 570,000 metric tons per year (MTPA). The upcoming phase 2 aims to establish a 300,000MTPA pre-baked anode …
Posted on May 24, 2024

Islamic finance deal of the year – Oman: Sanvira’s $360 million facility

Phase 1 will see the development of a calcined petroleum coke plant with a capacity of 570,000 metric tons per year (MTPA). The upcoming phase 2 aims to establish a 300,000MTPA pre-baked anode …
Posted on May 24, 2024

UN Tourism Investment Conference focuses on sustainable finance

MUSCAT: His Highness Sayyid Taimur bin Asaad al Said, Chairman of the Board of Governors of the Central Bank of Oman (CBO), presided over the …
Posted on May 24, 2024

StockGro establishes its first-ever international partnership with the Indian School Al Wadi Al Kabir in Oman, to enlighten youth on financial literacy

In a pioneering initiative, StockGro, India’s leading stock market learning experiential platform, has joined forces with the Commerce Department of Indian School Al Wadi Al Kabir, Oman, to host an …
Posted on May 23, 2024

Oman, Jordan ink MoU on enhancing investment opportunities

AMMAN: The Sultanate of Oman and the Hashemite Kingdom of Jordan on Thursday signed a memorandum of understanding (MoU) in the field of investment …

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Posted on May 23, 2024

Serving as the Settlement Bank for Ooredoo Fintech WalletQNB and Ooredoo Fintech extend their partnership to revolutionize fintech services in Oman

QNB Group, the largest financial institution in the Middle East and Africa, and Ooredoo Fintech, announced a groundbreaking extension to their partnership aimed at revolutionizing fintech services in …
Posted on May 23, 2024

Serving as the Settlement Bank for Ooredoo Fintech WalletQNB and Ooredoo Fintech extend their partnership to revolutionize fintech services in Oman

QNB Group, the largest financial institution in the Middle East and Africa, and Ooredoo Fintech, announced a groundbreaking extension to their partnership aimed at revolutionizing fintech services in …

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