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HSBC Appoints New Regional CEO for MENAT

HSBC has appointed Martin Tricaud as Chief Executive Officer for the Middle East, North Africa and Turkey (MENAT) region, with effect from 1 June,...
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Navigating rough waters

A slowdown in assets growth, declining margins and increasing non-performing loans put further pressure on the profitability of NFBCs in 2018. Muhammed Nafie reports Oman’s...
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Sustained Growth

Shahin Mohammed Al Balushi, CEO of Taageer Finance, talks about his company’s performance, future plans and the challenges facing Oman’s leasing industry     Can you...
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Cautious outlook

After the acquisition of Oman Orix Leasing Co, National Finance became the largest player in the non-bank finance industry in Oman. The company’s market...
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Cautiously optimistic

Aftab Patel, an industry veteran and CEO of Al Omaniya Financial Services, talks about  the opportunities and challenges in Oman’s leasing sector as well...
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May Nasrallah Is Leading a Stampede Toward Boutiques

(Bloomberg) -- In the midst of the financial crisis, as bankers around the world worried about their fate, May Nasrallah made a bold decision. Having reluctantly...
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Dubai Islamic Bank to Consider Acquiring Noor Bank

(Bloomberg) -- Dubai Islamic Bank, the United Arab Emirates’ biggest Islamic lender, is considering buying its smaller rival Noor Bank, people with knowledge of...
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Emirates NBD May Save Up to $700 Million in Turkey Deal

(Bloomberg) -- Dubai’s biggest bank may save as much as $700 million in a deal to buy Turkey’s Denizbank AS after the lira slumped and...
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Abu Dhabi Said to Weigh Merger to Create Top Mideast Lender

(Bloomberg) -- Abu Dhabi is considering combining Abu Dhabi Islamic Bank with First Abu Dhabi Bank to create the Middle East’s largest lender, according to...
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National Bank Of Oman Closes 2018 With Solid Financial Results

National Bank of Oman (NBO) announced the distribution of 16% cash dividends for the year ended December 31, 2018, at its Annual General Meeting...
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