Tuesday, July 23, 2019
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Banking & Finance

Dubai Islamic hires HSBC for Noor Acquisition

(Bloomberg) -- Dubai Islamic Bank PJSC hired HSBC Holdings Plc to advise on its possible acquisition of smaller rival Noor Bank PJSC, according to...
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Capital Intelligence affirms Ahlibank FSR ratings at BBB

The international credit rating agency Capital Intelligence (CI) on Tuesday said that it has affirmed Oman-based Ahli Bank’s financial strength rating (FSR) at ‘BBB’, in view of the bank’s very sound loan asset quality.
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Bank Muscat joins the GCC New Age Banking Summit 2016 as...

Leading financial services provider Bank Muscat has partnered with the GCC New Age Banking Summit 2016, to be held at the Crowne Plaza in Muscat, Oman on 23 May this year.
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Majlis Meethaq forum hosts H.E Talal Al Rahbi

Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, hosted H.E. Talal bin Suleiman Al Rahbi, Deputy Secretary General of the Supreme Council for Planning, at the eighth Majlis Meethaq evening, a unique social forum aimed at facilitating interaction with prominent personalities sharing inspirational aspects of their life and career as well as views and perspective on the economy and important social and cultural issues.
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Ahlibank to launch new headquarters on February 9

Ahlibank will hold a gala event to mark the official opening of its new corporate headquarters in Wattayah on February 9, under the auspices of HE Sultan bin Salim Al Habsi, scretary general of the supreme council for planning.
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New vistas of growth

The Sultanate is all set to embrace Islamic finance as the Central Bank of Oman is expected to issue a full-fledged Islamic Banking Regulatory Framework (IBRF) very soon.
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Mastercard Evolves Its Brand Mark by Dropping its Name

Mastercard, the digital Payment Company Adapts to a Digital Environment in a Move to Become a Symbol Brand Mastercard announced that it is dropping its name...
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Meethaq to finance poultry farm project in Nizwa

Meethaq, the Islamic banking window of Bank Muscat, signed an agreement to provide Islamic project finance for Dar Al Tomouh company to set up...
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Oman to open subscriptions for first sovereign sukuk

Oman will open subscriptions on Thursday for its first sovereign issue of Islamic bonds, taking a major step to develop its Islamic finance industry and giving the government a fresh channel to raise money.
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Bank Muscat honours employees for achieving business growth objectives

Bank Muscat, the flagship financial services provider in the Sultanate, honoured employees of the Retail Banking department for achieving business growth objectives in 2015. The Management Team led by AbdulRazak Ali Issa, Chief Executive, felicitated the employees at the Nojoom award ceremony held at the bank’s head office.
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