Muscat: The Nizwa branch manager of the United Finance Company (UFC) SAOG
manipulated accounts worth over a million Omani rials, the Muscat Security Market (MSM) has announced.
The financing deal was signed by Dr Nasser Zahir Nasser Al Maawali, CEO of ASaffa Foods SAOG
, and Sulaiman Al Harthy, Deputy CEO from Meethaq during a ceremony that was held at the Bank Muscat headquarters in Seeb.
Moody's has also today affirmed the Ba3 corporate family rating and the B1 issuer rating of Al Omaniya Financial Services SAOG
(Al Omaniya), and maintained its outlook negative.
will mainly be responsible for providing off- plot
In 1972, Ali along with an Omani Shaikh, founded Galfar Engineering and Contracting SAOG
, which started small, to become later as the largest construction company in the country.
A first of its kind, the kiosk was recently inaugurated in the presence of Faisal Mohammed al Yousef, chairman of the Board of Directors of Muscat Finance SAOG
, and other direcA[degrees] tors of the company.
HSBC Bank Oman SAOG
acted as issue manager for the offering.
The Extraordinary General Meeting of Renaissance Services SAOG
was held on 18 June 2012 at the Meeting Hall of the Capital Market Authority (CMA).
Gulf Investment Services Holding Company SAOG
was formerly Gulf Investment Services Company SAOG
Further to the announcement on April 18, Oman's Ministry of Commerce and Industry has formally approved the merger of Oman International Bank SAOG
and the Oman operations of HSBC Bank Middle East Ltd.
MUSCAT: The introduction of Islamic banking in Oman will lead to loan growth of 15 percent this year, NBK Capital said and upgraded the sultanate's largest lenders, Bank Muscat SAOG
and National Bank of Oman.
Topaz Energy and Marine PLC, an indirectly owned Dubai-based oilfield services unit of Oman's Renaissance Services SAOG