Oman Arab Bank

Entity type image
Type: Company
Name: Oman Arab Bank
First reported May 19 2013 - Updated May 19 2013 - 1 reports

Two Major Omani Contracts Awarded to Galfar

Galfar has also been awarded a contract by Oman Medical College for constructing additional buildings at their Sohar campus, to be completed before July of 2014. This contract is for a total value of OMR4.1 million. The construction service contract at ... [Published Construct Arabia - May 19 2013]
First reported May 18 2013 - Updated May 18 2013 - 1 reports

Galfar wins two key contracts worth OMR19m

By Related Sohar Port terminal expansion begins Najran Cement, CEIC ink deal 10 mega projects to adorn Dubai Muscat: Galfar Engineering and Contracting Company, the Sultanate's biggest contracting firm, won a major contract for constructing a pipeline ... [Published Zawya.com - May 18 2013]
First reported May 15 2013 - Updated May 15 2013 - 3 reports

Sharqiyah Desalination floats OMR2.4m-IPO

Officials of Sharqiyah Desalination Company and Oman Arab Bank outline the details of the initial public offering. Photo - Shabine E/TIMES OF OMANMuscat: Sharqiyah Desalination Company (SDC), the first independent water project (IWP) in the Sultanate, ... [Published Times of Oman - May 15 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

Advantages of starting small

In 1996, two Stanford computer science graduate students in their early twenties, Larry Page and Sergey Brin, started collaborating on a search engine named BackRub using Stanford servers. After a year, they felt the need of an independent server as BackRub ... [Published Oman Observer - May 14 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

Ominvest posts 5.4% growth in Q1 net profit

(MENAFN - Muscat Daily) Oman International Development and Investment Co (Ominvest) group has reported a 5.4 per cent rise in net profit for the ... [Published MENAFN - May 14 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

Ahlibank to launch shariah-compliant fund next week

Oman’s ahlibank is set to launch an open-ended fund next week which will be its first shariah-compliant offering to investors.The Al Hilal MENA Fund (AHMF) is based on a Mudaraba structure and will launch on May 22. The initialYou need to be logged in ... [Published MENA Fund Manager - May 14 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

High spending puts Oman at risk

Related MENA IPO sluggish in April 2013 MENA IPO sluggish in April 2013 Family-run businesses face: A big problem Photo Credit:Reuters/Carlo AllegriOman's public spending levels are rising at a brisk pace, pushing the country's budget breakeven oil price ... [Published Zawya.com - May 14 2013]
First reported May 01 2013 - Updated May 01 2013 - 1 reports

Unaudited Financial Statements for the Quarter Ended March 31, 2013

Oman Arab Bank - Investment Management Group; the Fund Managers and Administrators of ; would like to declare that the financial statements for the quarter ended March 31, 2013 are published on the MSM website. Following is a summary of the results: Description ... [Published Muscat Securities Market - May 01 2013]
First reported Apr 27 2013 - Updated Apr 27 2013 - 1 reports

OAB sponsors Oman National Industries Expo 2013

Oman Arab Bank has lately sponsored the Oman National Industries Exhibition (ONiEX), held from April 15-1 at the Oman International Exhibition Centre.The event was organised by East Coast for Organizing Exhibitions, and was inaugurated by H E Ahmed bin ... [Published Muscat Daily - Apr 27 2013]
First reported Apr 17 2013 - Updated Apr 17 2013 - 1 reports

OAB receives 'Best Regional Investment Fund' award

By MUSCAT -- Oman Al Arabi Fund, an open ended equity mutual fund, managed by the Investment Management Group at Oman Arab Bank ( OAB -IMG) has won the prestigious 'Best Regional Investment Fund' award from the Banker Middle East Product Awards 2013. ... [Published Zawya.com - Apr 17 2013]
First reported Apr 15 2013 - Updated Apr 16 2013 - 2 reports

Addressing strategies for housing development in the Sultanate

Oman Real Estate Association will oversee future housing development in the SultanateMuscat, Oman - 16 April 2013: Experts in housing construction and urban development from the government and private sector met in Oman for the third annual Housing Development ... [Published Zawya.com - Apr 16 2013]
First reported Apr 14 2013 - Updated Apr 14 2013 - 1 reports

Please help this Omani initiative to re-plant damaged farms in Palestine! Thanks...

Please help this Omani initiative to re-plant damaged farms in Palestine! Thanks to the Oman Charitable Organization (OCO) for their cooperation towards the success of this humanitarian initiative. A new option has been added for those who wish to contribute ... [Published What's On in Muscat?s facebook logg - Apr 14 2013]

Quotes

"The company continues to enjoy the preferred contractor status when it comes to delivery of projects with the oil and gas sector as well as other sectors. This has been confirmed by way of the Petroleum Development of Oman increasing the work scope on the extended Off Plot Delivery Service Contract, to cover areas of Fahud, Lekhwair and Yibal together with the already covered areas, through another variation. This, we believe, adds about OMR30 million to the contract value" the chairman added
"We are working on the expansion with a possibility of expanding up to 135,000 square metres per day by the end of this year. The project cost (of the existing plant) stood at OMR62.5 million" he further added. Philippe Da Costa, chief financial officer (CFO) of SDC, presented the company's financials
...activities during the period," said Khalid Muhammad al Zubair, chairman of Ominvest, in the directors' report submitted to the MSM on Tuesday. "The company is progressing in line with strategy to enable sustainable earnings over the medium and long term" added Zubair.Oman Arab Bank, the banking subsidiary of Ominvest, reported a 6.3 per cent decline in profit to RO6...
"This has increased the vulnerability of government finances to fall in oil prices, as a drop in revenues would expose large deficits" said Citibank

More Content

All (21) | News (19) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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Two Major Omani Contracts Awarded to Galfar [Published Construct Arabia - May 19 2013]
Galfar wins two key contracts worth OMR19m [Published Zawya.com - May 18 2013]
Sharqiyah Desalination floats OMR2.4m-IPO [Published Times of Oman - May 15 2013]
Sharqiyah Desalination Company IPO opens today [Published Oman Observer - May 15 2013]
Sharqiyah Desalination Co IPO opens for subscri... [Published MENAFN - May 15 2013]
Advantages of starting small [Published Oman Observer - May 14 2013]
Ominvest posts 5.4% growth in Q1 net profit [Published MENAFN - May 14 2013]
Ahlibank to launch shariah-compliant fund next ... [Published MENA Fund Manager - May 14 2013]
High spending puts Oman at risk [Published Zawya.com - May 14 2013]
Unaudited Financial Statements for the Quarter ... [Published Muscat Securities Market - May 01 2013]
OAB sponsors Oman National Industries Expo 2013 [Published Muscat Daily - Apr 27 2013]
GHEDEX, TRAINEX, JOBEX 2013 commences today [Published Zawya.com - Apr 23 2013]
OITE Trade Fairs confirms dates for GHEDEX, TRA... [Published Zawya.com - Apr 22 2013]
Oman Economic Vision Forum Kicks-Off [Published Oman News Agency - Apr 21 2013]
Al Roya Economic Forum 2013 to Begin in Muscat ... [Published Qatar News Agency - Apr 19 2013]
OAB receives 'Best Regional Investment Fund' award [Published Zawya.com - Apr 17 2013]
Oman welcomes decision on new weekend, holidays [Published Muscat Daily - Apr 16 2013]
Addressing strategies for housing development i... [Published Zawya.com - Apr 16 2013]
Third annual Housing Development Summit Oman ki... [Published AME Info - Apr 15 2013]
Please help this Omani initiative to re-plant d... [Published What's On in Muscat?s facebook logg - Apr 14 2013]
Fact Sheet for National Securities Company [Published Able2Act - Feb 25 2008]
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Please help this Omani initiative to re-plant d... [Published What's On in Muscat?s facebook logg - Apr 14 2013]
Please help this Omani initiative to re-plant damaged farms in Palestine! Thanks to the Oman Charitable Organization (OCO) for their cooperation towards the success of this humanitarian initiative. A new option has been added for those who wish to contribute ...
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