News

This week's inventory report from the US Energy Information Administration is likely to have played a major role in ...
Ebbing Middle East fears diminished the USD’s safe-haven appeal, allowing GBP/USD to build on the rebound from four-week ...
Riyad Bank has appointed HSBC Bank PLC, Kamco Investment Co. K.S.C.P., Merrill Lynch International, Mizuho International, Morgan Stanley & Co. International, Riyad Capital, SMBC Nikko Capital ...
Muscat: Sohar International celebrated the successful merger of HSBC Bank Oman with Sohar International marking a historic moment in its journey of growth by ringing the market-opening bell at the ...
Muscat: The boards of Sohar International and HSBC Bank Oman have approved the terms of the merger agreement. "Further to the disclosures made on June 16, 2022, July 26, 2022, November 16, 2022, and ...
As a cornerstone of the economy, Oman’s banking sector experienced significant growth and development between 2012 and 2022. While the disruption of the Covid-19 pandemic – and in particular its knock ...
Mr Sharaf was also a board member of HSBC Middle East from 2010 to 2019 and has held board roles with ... Abdulfattah Sharaf has been appointed as the chairman of HSBC Bank Middle East. Mr Al Marzooqi ...
DUBAI, April 11 (Reuters) - Ahli Bank in Oman ABOB.OM said on Tuesday it received a non-binding offer from Oman's second-biggest lender Bank Dhofar BKDB.OM for a possible merger.
Saudi British Bank (SABB) has rebranded as SAB – الأول two years after the banks’ historic merger with Alawwal Bank to create the kingdom’s fourth-largest lender with total assets of ...
The fourth bank by assets is Bank Sohar, at OR2.6bn ($6.8bn) as of September 2017, followed by HSBC Bank Oman, in fifth, with assets of $6.3bn. HSBC Bank Oman is also the largest foreign-backed ...
HSBC Bank Oman, a unit of HSBC, ... Sohar International stated, “The board of directors of Sohar International (SIB) in its meeting held on June 15, 2022, ...