11/03/2013 13:34 AST

The National Bank of Oman, one of the Sultanate's leading financial institutions, revealed yesterday its plans to build an iconic structure at Al Athaiba in Muscat following innovative sustainability approaches. The building is intended to house the bank's headquarters and will be built on 10,000 sq.mtrs, in a prime location in the heart of the capital.

National Bank of Oman's new headquarters is designed to be a Muscat landmark. The sustainable design is inspired by Oman’s topography with all its natural elements while truly reflecting the organisation's values and vision. Mohammed al Ardhi, Vice Chairman of the National Bank of Oman said: "Our commitment to this country and our responsibility towards our stakeholders are the main drivers behind the development of each element of this project".

The building is designed according to global sustainability approaches and best practices that will enable the Bank to further enhance its functionality as an organisation and serve clients more effectively, while minimizing its environmental impact and ensuring the building fits with its surroundings with design elements inspired by Oman natural assets. The announcement comes in time with the bank celebrating its 40th anniversary with annual growth in profit exceeding 19 per cent for 2012.

Al Ardhi further added: "Our success over the last few years needs to be translated to growth and expansion in order to meet market needs. National Bank of Oman's new headquarters is not just a building; it is a testimony to our commitment to the sustainable development of our nation and aligns with the ambitious growth plans of this country and its people".

The building is going to be sustainably developed using the best resources, skills and talents from both Oman and around the world to ensure it is delivered according to plan and at par with global best standards.


Oman Daily Observer

National Bank of Oman CEO Al Musalmi resigns

23/02/2018

Ahmed bin Jaffar Al Musalmi, Chief Executive Officer of the National Bank of Oman (NBO), has resigned from his post, the bank confirmed on Thursday.

In a statement released online, the ban

Times of Oman

NBO board recommends 20 per cent dividend

30/01/2018

National Bank of Oman’s board has recommended a cash dividend of 15 per cent and a stock dividend of 5 per cent.

The stock dividend is equivalent to one share for every 20 shares held, acc

Times of Oman

NBO registers OMR44m net profit

17/01/2018

National Bank of Oman (NBO) said that its net profit for 2017 stood at OMR44 million, down from OMR55.8 million posted in the previous year. The bank’s loans, advances and financing activities for c

Times of Oman

Ticker Price Volume
NBOB Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
BKMB 0.38 0.00 (0.52%)
BKDB 0.20 0.00 (0.00%)
OMVS 0.36 0.00 (0.00%)
BKSB 0.14 0.00 (1.41%)
ABOB 0.16 0.00 (1.93%)
SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News