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MUSCAT - A total of 11 new financial institutions were licensed by the Central Bank of Oman (CBO) to operate in the Sultanate of Oman in 2024 – a significant uptick that underscores the rapid growth ...
The Central Bank of Oman (CBO) has a strong focus on transparency, building on the Omani Vision 2040. In line with the country’s long-term vision, Vision 2040 (see Box 1), the CBO is committed to ...
Retail Banker International on MSN5d
Oman issues new regulatory framework for digital banks
A licensed digital bank is required to establish a physical presence in Oman as its principal place of business.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...