Omani banks ink agreement for planned merger talks

The chairman added "this is with the objective of bringing together the best talents from OAB and Alizz Islamic Bank to create a market-leading Islamic bank that will continue its operations as an independent Islamic banking institution.


CBK issues KD 150m bonds, tawarruq

The CBK, on September 24, issued bonds worth 200 million dinars (about USD 600 million) with a rate of return at 2.5 percent for a period of three months.