Moody’s, Oman Banks host roundtable on Islamic Finance

Oman Banks Association and Moody’s Investors Service jointly organized an Islamic Finance Roundtable with a cooperation with the Central Bank of Oman (CBO) on October 19, 2023 in Muscat. The event brought together about 60 participants representing financial sector regulators, senior representatives of Islamic and conventional banks as well as other financial sector sides in […]

Sohar International Bank to commence operations in Riyadh

Sohar International Bank, a leading Omani bank, has received a no objection letter from the Saudi Central Bank (SAMA) to commence operations in Riyadh, the Kingdom of Saudi Arabia. This is a significant milestone for the bank, as it marks its expansion into the largest GCC economy. Sohar International’s branch in Riyadh will offer a […]

Oman backs unified GCC tourist visa: Ministers set Dec deadline

Oman hosted the recently concluded seventh meeting of GCC ministers of tourism at the Oman Across Ages Museum in Manah on Thursday. The meeting saw ministers of the Gulf countries agree to submit their views on a proposed unified GCC tourist visa to the GCC Secretariat General by the end of December 2023, reported state-run Oman […]