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- Lebanon receives preliminary approval to increase World Bank loan to $400m
- China Exempts Some Goods from US Tariffs to Limit trade War Pain
- Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as 9th year milestone marked
- Foreign investors remain net buyers of GCC stock market in first quarter
- Quarterly earnings announcement, tariff hold supports QSE index rise
- Gold prices drop more than 1%
- Saudi Arabia's Vision 2030 enters final phase with strong momentum
- Saudi Arabia takes part in European Economic Congress
- UAE jobs: Etihad Airways to hold career fair for Emiratis on May 22
- Adnoc Distribution to operate 500 high-power EV chargers by 2028
01/07/2015 03:42 AST
Al Omaniya said separately that it had submitted an indicative bid to buy 100 per cent of the shares in United Finance.
Oman's United Finance said on Tuesday its board was considering a non-binding takeover offer from Al Omaniya Financial Services. Al Omaniya said separately that it had submitted an indicative bid to buy 100 per cent of the shares in United Finance.
In May, United Finance invited National Bank of Oman, Bank Nizwa and Al Omaniya to participate in an acquisition bidding process. The other two institutions have decided not to bid. United Finance offers loans and leasing services as well as corporate deposits.
Gulf News
31/01/2018
The board of United Finance Company has proposed to reduce the company's paid up capital from OMR34.91 million to OMR25 million. This will be done by returning the par value of the shares (100 baisa
Times of Oman
25/08/2015
Talks for a possible takeover of Oman's United Finance by Al Omaniya Financial Services have broken down and will not progress any further, the two sides said on Monday.
The board of Unite
Trade Arabia
14/05/2015
United Finance Co (UFC) has invited National Bank of Oman, Bank Nizwa and Al Omaniya Financial Services to participate in a merger and acquisition bidding process, Reuters said yesterday, citing a fi
Oman Daily Observer
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26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
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