M2P Fintech inches closer to unicorn status with $80 million funding from Helios, Bank Muscat, othersM2P Fintech is set to close a $80 million funding round with Helios Investment Partners leading the round and Bank Muscat participating. So...
Oman's second-largest bank pursues merger with smaller rivalAhli said it would study Bank Dhofar's offer. Bahrain's Ahli United Bank owns over a third of Oman's Ahli Bank. Stock in Bank Dhofar rose o...
Infibeam enters Oman e-commerce market, ties up with Bank MuscatThe company is set to offer next-gen payment processing services under the flagship brand CCAvenue to merchants in ecommerce sector in Oman.
CBI deports Sunny Kalra in PNB fraud caseIt is alleged that Sunny Kalra, Director of M/s. White Tiger Steels Pvt. Ltd. fraudulently obtained a bank loan of Rs. 10 crores (approx) f...
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Jindal Steel & Power Ltd to invest $2 billion for capacity expansion in Oman plantJindal Steel & Power Ltd foresees a tremendous surge in demand for iron and steel in the gulf markets on huge infrastructure spending
Jindal Shadeed signs $725 million syndicated term loan facility with Bank MuscatOriginally founded in 2005 by Al Ghaith Holdings PJSC of Abu Dhabi, Jindal Shadeed was acquired by Jindal Steel & Power Limited.
- Bank Muscat buys shares worth Rs 172 cr in six Indian firms
Bank Muscat bought stakes in India Infoline, Lakshmi Overseas, LIC Housing Finance, M&M Financial Services, DLF and Lakshmi Energy from Tai...
- Bank Muscat sells 81 pc of its stake in HDFC Bank
Bank Muscat said it has sold 81 per cent of its stake in India's second largest private sector lender HDFC Bank and has received around Rs ...
- Oman mulls tighter lending curbs as inflation jumps
Oman's central bank is ready to tighten bank lending curbs again after inflation hit an 18-year peak of 11.1 per cent in February, Executiv...
- CBoP shares surge 17% on merger talks with HDFC Bank
Share of Centurion Bank of Punjab today surged as much as 17 per cent amid reports of HDFC Bank being in advanced merger talks with the pri...
- Omani bank launches service for NRIs
Oman's largest bank, BankMuscat has launched a service for the 600,000-strong NRI community in the country, which will offer banking soluti...
- Middle East oil money to flow into Indian markets
Corporate India will have a new set of deep-pocket investors eyeing investments in both equity as well as debt in India.
- Bank Muscat buys 42% in Mangal Keshav Holdings
Oman’s largest bank, Bank Muscat is taking a 43% stake in Mumbai-based financial services company, Mangal Keshav Holdings for an undisclose...
- BankMuscat to pick up 42% in Mangal Keshav Holdings
BankMuscat, one of the biggest banks in the Middle East, is acquiring over 42% equity in Mangal Keshav Holdings, which controls separate en...
- Nani Javeri plans to set up a new bank in Oman
Nani Javeri, former managing director, Birla Sun Life Insurance, is moving to Oman to set up a new bank there.
- CBoP-Lord Krishna set to be seventh largest pvt sector bank
Centurion Bank of Punjab (CBoP) will have to deal with staff integration issues and explore new opportunities after merging Lord Krishna Ba...