reported 10 per cent decline in its net profit for the first quarter of 2019.
The New York Life Foundation, the charitable arm of New York Life Insurance Company, has partnered with the National Academy Foundation and their Academies of Finance (AOF
) program that works to place "schools within schools" in public high schools across the country.
Muscat : Al Omaniya Financial Services (AOFS
), the Sultanate's largest non-banking financial institution, said that the company made a pre-tax pre-provision profit of OMR4.50 million in the first half of 2013, against OMR3.76 million posted for the same period last year.
has a sound and innovative capital structure and novel and value integrated business model.
Muscat: Al Omaniya Financial Services (AOFS
), Oman's largest non-banking finance company, has achieved a 14.37 per cent growth in net profit at OMR1.23 million for the first quarter of 2013, from OMR1.07 million for the same period last year.
has created an enduring brand and a niche for itself in the financial services industry.
Moody's has reaffirmed the global scale long term issuer rating of 'Ba3' to AOFS
for the year 2011-2012.
Al Omaniya Financial Services (AOFS
) reported a 10 per cent year-on-year growth in net profit in second quarter of 2011 at RO1.09 million, which is also higher 12.5 per cent quarter-on-quarter.
The Moody's has reaffirmed the global scale long-term issuer rating of 'Ba3' to AOFS
for the year 2010-2011.
MUSCAT: The RO10 million-compulsorily convertible bond issue of Al Omaniya Financial Services (AOFS
) on rights basis will open for subscription on August 15.
Recently MoodyEoe1/4aos assigned global scale long term issuer rating of Eoe1/4Y[pounds sterling]Ba3Eoe1/4ao to AOFS
. The company is in the final stage of raising RO20 million in bonds, which will be partly convertible bonds through a book building exercise to fund its growth and expansion needs.