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The total value of private deposits at the commercial banks in the Sultanate as of the first quarter of 2013 rose by 9.2 per cent to OMR9.19 billion compared to OMR8.42 billion in the corresponding period in 2012.
Khalid bin Hilal Al-Ma'awali, Chairman of the Majlis Al Shura, yesterday issued a decision to form a Parliamentary Friendship Group with the Federal National Council (FNC) of the United Arab Emirates (UAE). The group comprises Ahmed bin Mohammed Al
The total bank credit by sectors at the commercial banks in the Sultanate during the first quarter of 2013 stood at OMR14.28 billion, compared to OMR13.14 billion during the same period in 2012, constituting a rise of 8.7 per cent.
15 pm Muscat: The Central Bank of Oman (CBO) has issued a roadmap for implementation of Basel III norms in the Sultanate. The stronger definition of capital, higher minimum core capital requirements, new capital buffers, leverage ratio and liquidity
53 pm Muscat: The Sulatanate's banking regulator Central Bank of Oman (CBO) plans to issue rules to boost lending to small and medium-sized firms, in a new move to help bring unemployment down in the Sultanate.
The Majlis Al Shura will play host to Sheikh Sa'ad bin Mohammed Al Mardhouf Al Sa'adi, minister of sports affairs tomorrow. A discussion will be held pertaining to Oman Football Association (OFA). The session comes as per the request submitted by a
Omanisation and Job Fair (Jobex) and Vocational Training (Trainex) will begin at the Oman International Exhibition Centre on Tuesday under the patronage of His Highness Sayyid Taimour bin Asa'ad bin Tariq Al Said, assistant secretary-general for
23 pm Muscat: The Central Bank of Oman (CBO) would wish to draw the attention of the public towards the increasing number of suspicious financial transactions and attempts of fraud. Such attempts are being made inventively, in different ways,
Certificates of deposit tender was held at the Central Bank of Oman this week...RO314 million. A bulletin issued by the CBO stated that the average interest rate of these certificates was 0.13 per cent whilst the maximum accepted interest rate was 0.
The Sultanate's government revenues rose by (17%) during January 2013 to (RO...The monthly statistical bulletin issued by the National Statistics Centre (NSC) attributed this to a (14.4%) rise in the Sultanate's net oil revenues, which stood at (RO.