Business Blog

By Bernardo Vizcaino The Islamic unit of Bank Muscat BMAO.OM , Oman&aposs largest lender, plans a dual-currency U.S. dollar and rial sukuk issue worth around $300 million that would be the first sukuk sale by a bank in the country.The issue, which could carry tenors of between three and five years, would be part of a 500 million rial ($1.3 billion) sukuk programme which the bank&aposs shareholders

By Bernardo Vizcaino The Islamic unit of Bank Muscat BMAO.OM , Oman&aposs largest lender, plans a dual-currency U.S. dollar and rial sukuk issue worth around $300 million that would be the first sukuk sale by a bank in the country.The issue, which could carry tenors of between three and five years, would be part of a 500 million rial ($1.3 billion) sukuk programme which the bank&aposs shareholders

The Islamic unit of Bank Muscat, Oman's largest lender, plans a dual-currency U.S. dollar and rial sukuk issue worth around USD 300 million that would be the first sukuk sale by a bank in the country.

The Islamic unit of Bank Muscat, Oman's largest lender, plans a dual-currency U.S. dollar and rial sukuk issue worth around USD 300 million that would be the first sukuk sale by a bank in the country.

The Islamic unit of Bank Muscat, Oman's largest lender, plans a dual-currency U.S. dollar and rial sukuk issue worth around USD 300 million that would be the first sukuk sale by a bank in the country.

Barwa Real Estate Group delivered a net profit of QR266m with QR0.68 per share, compared to QR158m and QR0.41 profit per share for the period ended March 31, 2013.