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HSBC Merges Oman Unit with Local Lender Oman International Bank

HSBC Merges Oman Unit with Local Lender Oman International Bank

HSBC is to merge its business in Oman with Oman International Bank (OIB) and hold a majority stake in the enlarged operation, Europe's biggest bank said on Wednesday.

April 18, 2012 4:36
 
UAE’s NBAD eyes regional mandates

UAE’s NBAD eyes regional mandates

National Bank of Abu Dhabi, the largest lender by market value in the United Arab Emirates, is set to take on regional mandates to add to its home-market advantage, the head of the bank's debt capital markets team said.

March 7, 2012 1:30
 
Oman Rennaissance plans $104M convertible bond

Oman Rennaissance plans $104M convertible bond

Oman's Renaissance Services said on Tuesday it will ask shareholders to approve plans for a 40 million rials ($103.9 million) offering of zero coupon convertible bonds.

February 28, 2012 2:53
 
Oman Says 2011 Average Daily Oil Output Up At 884,900 Bpd

Oman Says 2011 Average Daily Oil Output Up At 884,900 Bpd

The sultanate's average gas production in 2011 also increased to 95.1 million cubic meters per day, up 4.4 percent from 2010, the under secretary for Oman's oil and gas ministry said

February 20, 2012 1:23
 
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