Muscat, 27 February 2023 – Oman Arab Bank (OAB) customers can now use their mobile banking app to subscribe digitally to the initial public offering of Abraj Energy Services Company (under transformation), a subsidiary of OQ, the global integrated energy group. Completely paperless and without the need to physically visit a branch, customers will be […]
11/September 2023 – Muscat: Oman Arab Bank (OAB) and Oman Tourism Development Company (OMRAN Group) have sealed a strategic partnership to solely finance the upcoming Nikki Beach Resort & Spa Muscat, currently being developed adjoining the Sustainable City – Yiti. This marks the latest landmark project that the bank has financed in the Sultanate of Oman, […]
Muscat, 15 October 2023 – Oman Arab Bank (OAB) has announced the redemption of the Perpetual Subordinated Bonds (OAB PERPET. SUB OABB) on 14 September 2023 in MSX (Muscat Stock Exchange). The bonds for OMR 42.553 million were issued by the Bank on 17 October 2018, at an interest rate of 7.50% p.a. and listed […]
Muscat, 6 November 2023 – Oman Arab Bank (OAB) is offering both new and existing customers a market-leading competitive interest rate of 6.1% per annum for all new deposits over OMR 30,000 made by 31st of December 2023. In addition to guaranteed higher earnings, security and flexibility, customers will have access to useful loan and […]
Muscat, 6 November 2023 – Oman Arab Bank (OAB) is offering both new and existing customers a market-leading competitive interest rate of 6.1% per annum for all new deposits over OMR 30,000 made by 31st of December 2023. In addition to guaranteed higher earnings, security and flexibility, customers will have access to useful loan and […]
12th December 2023: Muscat: Oman Arab Bank (OAB) and First Carbon Investments (FCI) announced the signing of a Memorandum of Understanding (MoU) to accelerate the deployment of new clean technologies in Mena. The MoU was signed by Sulaiman Al Harthi, CEO of OAB, and Peter Ellen, CEO of FCI, in advance of COP28 UAE. Under […]
May 17, 2023 – MUSCAT: Oman Arab Bank (OAB), Alizz Islamic Bank (AIB) and Oman Real Estate Investment Services (ORIS) have signed a joint agreement allowing customers to access a full range of financing solutions and competitive rates when purchasing property at new project La Vie in Muscat Hills. Customers can now finance off-plan units […]
03rd December/2023 : Oman Arab Bank (OAB) has announced a strategic collaboration with Musalih, the first Omani repair and maintenance platform. This marks the latest initiative in the bank’s ongoing efforts to bolster SME growth in the Sultanate and accelerate the development of an innovative national economy. Under the terms of the agreement, Musalih will […]
Muscat, March 13th 2023 – With Ramadan on the horizon, Oman Arab Bank (OAB) customers can now rev their engines rather than budgets thanks to the bank’s new attractive car loan package. Offering the most competitive and affordable prices on some of the most desirable cars, the package – the first of its kind […]
Muscat, May 26 2024 – Oman Arab Bank (OAB) signed a memorandum of cooperation (MoC) with the Ministry of Labor to develop human skills, support Omani cadres, expand work opportunities and exchange experiences, to implement the priorities of Oman’s future vision towards empowering youth and building national competencies. The MoC comes within OAB’s plans […]