The Central Bank of Oman’s (CBO) board of governors held its third meeting of the year on Sunday under the chairmanship of H E Sultan bin Salim bin Said al Habsi, deputy chairman of the board of governors. The meeting was held at the CBO headquarters.
Moody’s Investors Service has assigned a B1 corporate family rating and B1-PD probability of default rating to OCTAL Holding SAOC.
Oman’s non-banking finance companies (NBFCs), also known as finance and leasing companies (FLCs), are undergoing challenging times as the slowdown in their assets growth, declining margins and increasing non-performing loans (NPLs) may put further pressure on profitability, according to the Central Bank of Oman (CBO).
The Oman Chamber of Commerce and Industry (OCCI) will organise its first specialised seminar on value added tax (VAT) on Tuesday.
On back of higher than budgeted oil prices this year and benefits from the government’s diversification policy, Oman’s economy is well poised for a rebound in 2018, the Central Bank of Oman (CBO) has said.
H E Tahir bin Salim al Amri, executive president of the Central Bank of Oman (CBO), affirmed that the sultanate’s Islamic banks and Islamic banking windows have demonstrated their ability to put their mark in Oman’s banking sector during the past six years.
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, highlighted its successful five-year journey contributing to the country’s progress and development at a special media event on Tuesday.
The ninth edition of the Gulf Petrochemicals and Chemicals Association's (GPCA) Fertilizer Convention officially began on Wednesday under the patronage of H E Dr Fuad bin Ja’afar bin Mohammed al Sajwani, Minister of Agriculture and Fisheries, at Kempinski Hotel Muscat.