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Monday, December 02, 2024 | Jumada al-ula 29, 1446 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Banking

These banknotes cannot be used after December 31

Muscat: Certain denominations of currency will be withdrawn from circulation and will be not useable as a legal tender after December 31.The Central Bank of Oman (CBO) circular of January 7 stated that after December...

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Ooredoo Fintech unveils digital payment solution

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European banks in Russia face 'awful lot of risk', says Yellen

FILE PHOTO: U.S. Secretary of the Treasury Janet Yellen holds a press conference ahead of the G7 Finance Minister and Central Bank Governors' Meeting in Stresa, Italy, May 23, 2024. REUTERS/Massimo Pinca/File Photo

NBO to showcase new digital innovations at COMEX 2024

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Sohar International named Oman's best bank at Euromoney Awards 2024

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Bank Muscat e-banking services disrupted 

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OAB, U Capital sign pact to launch liquidity provider service

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CBO issues RO 39.03 million worth of treasury bills

13 Treasury bills

GCC banks' profitability to remain strong in 2024

Despite anticipated challenges in 2025, delay in Fed rate cuts boosts GCC banks' profitability.

Bank Muscat announces scheduled system maintenance

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Development Bank participates in 47th ADFIAP Annual Meeting

Delegation representing the Development Bank at the Phnom Penh forum.

Development Bank's lending portfolio reaches RO 245.8 million

The number of loans approved by the bank in Q1 2024 reached to 1,499 loans, worth RO 33.6 million.

CBO allocates RO 85.5 million in government treasury bills

Central Bank of Oman

Total bank loans in Oman reach RO 30.6 billion

Local liquidity in Oman increased by about RO 3.3 billion in February.

KCA Deutag secures $45m funding to build automated rigs

KCA Deutag secures $45m funding to build automated rigs

A strong US dollar weighs on the world

Exactly how these positives and negatives shake out depends on why the dollar is stronger, and that depends on the reason US interests rates might remain high.
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