Latest News for: Oman capital markets

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Oman’s debt capital market contracts on govt prepayments

Muskat Daily 07 Apr 2024
MuscatOman’s debt capital market (DCM) contracted by 7% year-on-year, to $44bn outstanding, in 2023 as the government prepaid more of its debt using the budget surplus from higher oil prices, Fitch Ratings said.
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Oman’s Debt Capital Market contracting amidst government prepayments: Fitch

Oman Observer 04 Apr 2024
MUSCAT. Oman’s debt capital market (DCM) contracted by 7% yoy, to $44 billion outstanding, in 2023 as the government pre-paid more of its debt using the budget surplus from high oi ....
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HSBC appoints Asmar as CEO of new Oman branch

Muskat Daily 02 Apr 2024
Our physical presence in Oman enables us to maintain our focus on supporting economic diversification, further developing capital markets, attracting international investment, and growing trade corridors within MENAT and beyond.”.
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Three OIA companies plan IPOs this year

Muskat Daily 31 Mar 2024
Salmi highlighted the fact that the upcoming IPOs are expected to significantly enhance the dynamics of MSX, marking a key step towards deepening Oman’s capital markets.
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Al Omaniya financial services announces RO3.201mn net profit, declares 13.25% dividend

Muskat Daily 30 Mar 2024
Khalid Said Al Wahaibi. Mr ... The board of directors appreciated the measures taken by the Central Bank of Oman and the Capital Market Authority with a view to strengthening the financial sector in the Sultanate. Mr ... Mr ... ....
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GIG Gulf obtains CMA approval to offer e-insurance services in Oman

GCC Business News 20 Mar 2024
... in Oman to provide digitally integrated insurance services for its customers online ... “We are proud to have been approved by the Capital Markets Authority in Oman to offer our insurance services online.
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GIG Gulf wins CMA nod to provide E-insurance in Oman

Oman Observer 20 Mar 2024
MUSCAT. GIG Gulf, one of the largest insurance providers in the MENA region including the Sultanate of Oman, has announced that it has received approval from the Capital Markets Au ....
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Reliance Industries market value surpasses economies of Kuwait, Oman, Bahrain

The Siasat Daily 04 Mar 2024
Currently, the market capitalization of RIL stands at USD 245.25 billion, surpassing the GDPs of Kuwait, Oman, and Bahrain, which are USD 167.01 billion, 112.35 billion, and 47.12 billion, respectively, as per the International Monetary Fund (IMF).
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Oman launches first state-owned investment bank

Muskat Daily 02 Mar 2024
MuscatOman has established its first government-owned specialised investment bank after obtaining the relevant licenses from the Central Bank of Oman (CBO) and the Capital Market Authority (CMA).
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Oman launches first specialized government investment bank

GDN Online 02 Mar 2024
The step materialized after the relevant licenses were obtained from the Central Bank of Oman (CBO) and the Capital Market Authority (CMA) ... in Oman and other GCC states, in addition to global firms.
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First government owned investment bank launched in Oman

Muskat Daily 29 Feb 2024
This comes after obtaining the necessary licences from both the Central Bank of Oman and the Capital Market Authority ... Oman Investment Bank will ...
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New India Assurance’s Celebratory Journey Unfolds Across Oman

Muskat Daily 29 Feb 2024
... tapestry of Oman’s cultural landscape. The journey of celebration and camaraderie continued with a visit to the Capital Market Authority (CMA), where the delegation had the honor of meeting Mr.
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CMA eyes AI-driven insurance growth, prioritising consumer protection in oman

Oman Observer 21 Feb 2024
MUSCAT, FEB 21The Capital Market Authority (CMA) in Oman sees Artificial Intelligence (AI) as a transformative force for the insurance sector, but emphasizes responsible implementa ....
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Oryx Fund delivers over 29% return in 2023

Muskat Daily 11 Feb 2024
The fund is one of the largest funds in the GCC region within its category and is regulated by the Capital Market Authority (CMA) in accordance with applicable laws and regulations in Oman.
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