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In a bid to encourage high net worth clients to invest in Oman, BankMuscat yesterday launched an exclusive Private Banking Centre, which was formally declared open by Sayyid Sultan bin Hamad bin Saud Al Busaidi, adviser to the Ministry of Social Affairs.

A recent meeting of GCC central bank governors has decided to peg the proposed GCC common currency to the U.S. dollar.

Broota captures U-12 singles title

Kannan, Chengappa reign supreme

GCC Ministers of Commerce and Industry have agreed to remove all obstacles to trade exchange between their countries by next year and apply an anti-dumping law from early next year.

BankMuscat has reported a net profit of 18.5 million Omani riyals for the first nine months of this year.

PDO uses robot to test its pipelines

Oman LNG to supply to Mitsubishi

A top official in Oman believes that the first open elections held recently would further strengthen the Shura process and political participation of people.

The Central Bank of Oman (CBO) will issue Government Development Bonds (GDBs) worth 80 million riyals with a maturity period of four years and 362 days.<br /> <br /> The auction will be held on April 28.

Oman-Qatar investment firm set up

BankMuscat reports 194pc jump in profit