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Omani lender Nizwa starts roadshowOman’s first full-fledged Islamic lender Bank Nizwa has kicked off its first road show in the Sultanate aimed at creating awareness on its Islamic fnance products and service. Nizwa Souq, a highly interactive and informative More… |
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Omani Islamic lender partners with CapitasBank Nizwa, the first Islamic bank in Oman, said it has signed a MoU with Capitas Group International (CGI), a leading management firm specialising in Shari’a compliant finance, to develop specialised Islamic financial services. More… |
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Mena IPOs hit record $1.29bn in Q2The companies in the Middle East region raised a total of $1.29 billion through five initial public offerings (IPOs) in the second quarter of 2012, up 344 per cent when compared to the same period last year, said a report. This is almos More… |
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Bank Nizwa sees first profit in 2014Oman's Bank Nizwa, a newly-formed Islamic lender which sold shares to the public in June, expects to post its first profit in 2014 and will elect a new board this month, its chief executive said on Sunday. 'We aim to make our first More… |
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IPO success for Omani lenderThe initial public offering (IPO) of Omani lender Bank Nizwa, the Sultanate's first Islamic bank, is oversubscribed by at least 100 per cent, a source familiar with the share listing said. 'The count is still ongoing but so far at More… |
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Oman's first Islamic bank to start operations in Q3Bank Nizwa, the first dedicated Islamic bank in Oman offering Shari’a compliant products and services, has announced plans to start its operations in the third quarter of 2012. The Islamic bank aims to launch the first IPO in the second qu More… |
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Top Oman Islamic banks to float sharesOman's two Islamic banks will float 40 per cent of their shares by June, the Sultanate's central bank executive president Hamood Sangour al-Zadjali said on Monday. Both banks, which are currently under formation, were awarded shari More… |
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Oman's first Islamic bank may open by year-endOman's first standalone Islamic bank, Bank Nizwa, may open its doors by the end of the year or early 2012, the sultanate's central bank governor said in an interview with a local newspaper on Monday. The bank, which received initial approv More… |
