Latest Muscat Securities Market News

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05/26/2018 03:34 AM

Funds Global MENA News

Omani banks in $7bn merger talks
Funds Global MENA News
Alizz Islamic Bank and Oman Arab Bank have entered merger talks in yet another example of consolidation in the GCC's banking sector. In a statement to the Muscat Securities Market, the chairman of Alizz Islamic revealed he had received a letter from ...

05/25/2018 01:21 PM

Forbes Middle East

Oman Arab Bank And Alizz Islamic Bank Mulls Merger
Forbes Middle East
... Company (Ominvest), sent a letter this week to Alizz Islamic Bank that raised the topic of a potential strategic collaboration “that may lead to an eventual merger of the two entities,” according to a statement posted on the Muscat Securities ...
Oman Arab Bank, Alizz Islamic explore mergerArab News
Alizz Islamic and Oman Arab Bank launch merger talksThe National

all 7 news articles »

05/24/2018 12:15 PM

U Capital successfully closes Taageer Finance bond issuance
Muscat Daily
The bonds are listed on the Muscat Securities Market. This is the second bond transaction that U Capital advised this year. In March, it had successfully closed the perpetual bond issued by National Finance Company, which had an issue size of RO18.2mn.

05/23/2018 07:04 PM

Muscat Daily

Ahlibank names Said al Hatmi as new CEO
Muscat Daily
Maddock shall serve his notice period, which ends on June 16', Ahlibank said in a disclosure filed with the Muscat Securities Market. Maddock had joined Ahlibank as its chief executive officer in 2014. Ahlibank board resolved to appoint Hatmi, the ...

05/21/2018 06:57 PM

Times of Oman

Workshop on Omani insurance market
Times of Oman
... in response to amendments to the Insurance Companies Law No.14/2014 by raising the limit of the capital of the insurance companies to OMR10 million and the inclusion of part of the capital of the insurance companies in Muscat Securities Market (MSM).

05/20/2018 07:05 PM