ONIC News & Announcements- MarketsToday.net

MUSCAT SECURITIES MARKET (MSM)Trading Hours: Sun - Thu 10:00 am-1:00 pm

Oman National Investment Corporation Holding ONIC
ONIC 0.00%
Financial 1.18%
MSM30 Index 0.38%
0.480
Last Value
0.000
Change
0.00%
% Change
Price in OMR Last Update : 02 Aug 2017 12:00 pm (local time)
  • Ominvest, ONIC get holders' nod for merger Jun 02, 2015 | Source : Muscat Daily

    Shareholders of Oman International Development and Investment Co (Ominvest) and Oman National Investment Co (ONIC) Holding have approved the proposed merger between the two. Both firms, in separate filings to MSM, said they successfully held their extraordinary...

  • OMINVEST, ONIC boards approve proposed merger Apr 21, 2015 | Source : Muscat Daily

    The boards of directors of Oman International Development and Investment Co ( Ominvest ) and ONIC Holding have approved the investment holding companies’ proposed merger plan. The two companies had signed a memorandum of understanding (MoU) in December last...

  • ONIC Holding H1 net slips 24% on lower investment income Aug 13, 2014 | Source : Muscat Daily

    Oman National Investment Corporation (ONIC) Holding reported a 24 per cent decline in net profit for the six-month period ended June 30, 2014, on lower net investment income from its insurance subsidiary. The group posted a consolidated net profit...

  • Oman’s Islamic banking assets surge 34% to RO3.4bn in April Jul 10, 2017 | Source : Muscat Daily

    Total assets of Islamic banks and windows in Oman reached to RO3.4bn at the end of April 2017 compared with RO2.54bn a year ago, recording a robust growth of 34 per cent. Islamic banking industry now accounts...

  • Al Ahlia Insurance IPO opens for subscription Jul 09, 2017 | Source : Muscat Daily

    Al Ahlia Insurance Company SAOG (under transformation) announced the opening of its initial public offering (IPO) for subscription. Al Ahlia’s IPO, which opened for subscription on July 4, is the first IPO on the Muscat Securities Market...

  • Vision Insurance IPO to open for subscription on Sunday Jul 06, 2017 | Source : Muscat Daily

    Vision Insurance SAOG (under transformation) announced to launch its initial public offering (IPO) to raise nearly RO4mn from the primary market in Oman. The company is offering 25mn shares at a price of 162bz per share, according...

  • Fitch Ratings revises five Omani banks’ outlooks to ‘negative’ Jul 05, 2017 | Source : Muscat Daily

    Fitch Ratings has revised the outlook on five Omani banks - Bank Muscat, HSBC Bank Oman, ahlibank, BankDhofar and Bank Sohar - to negative from stable. The outlook on National Bank of Oman (NBO) remained stable. Fitch...

  • 5 points for businesses to create a VAT compliance road map Apr 18, 2017 | Source : Saudi Gazette

    The introduction of a harmonized Value Added Tax (VAT) and excise tax in the Gulf Cooperation Council (GCC) by 2018 constitutes an important policy reform that aims to reduce reliance on hydrocarbon revenues. According to the IMF,...

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