OMVS News & Announcements-

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

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Price in OMR Last Update : 22 Jun 2017 1:15 pm (local time)
  • Ominvest’s first-quarter net profit jumps 9% to RO9.6mn May 12, 2016 | Source : Muscat Daily

    Oman International Development and Investment Co (Ominvest) reported a group net profit of RO9.6mn for the first quarter of 2016, registering a growth of nine per cent from the same period last year. The rise in net profit, Ominvest said, was...

  • Ominvest elects new board of directors Nov 25, 2015 | Source : Muscat Daily

    Oman International Development and Investment Company SAOG (Ominvest), one of the oldest and the largest investment companies in Oman, successfully held its ordinary general meeting (OGM) on Thursday.  In line with the merger agreement between Ominvest and Oman National Investment Corporation...

  • Ominvest implementing growth strategy following ONIC merger Nov 09, 2015 | Source : Muscat Daily

    Higher share of profits from its subsidiaries and associate companies, helped Ominvest report a group net profit of RO28.11mn for the nine-month period ended September. This was 18.2 per cent higher from the same period of 2014. The investment company's group...

  • Ominvest posts RO18MN in H1 net profit Aug 12, 2015 | Source : Muscat Daily

    On the back of the robust performance of its banking subsidiary, Oman Arab Bank (OAB), and associate companies, Oman International Development and Investment Co (Ominvest) has reported a net profit of RO18.3mn for the first half of 2015. This...

  • Ominvest's H1 net profit advances 11% Jul 14, 2015 | Source : Muscat Daily

    Oman International Investment and Development Corporation ( Ominvest ) posted a 11 per cent year-on-year growth in net profit for the first half of 2015.  The investment major's net profit rose to RO18.32mn from RO16.5mn in the same period last year....

  • 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,...

  • Investment leaders must transform for industry to flourish Apr 05, 2017 | Source : Saudi Gazette

    Investment industry is at an existential crossroads, CFA Institute said in a study revealed Tuesday titled “The Future State of the Investment Profession”. The study warns that investment industry leaders who fail to transform their business models...

  • EDB in strategic partnership to transform Bahrain into region’s financial technology powerhouse Mar 30, 2017 | Source : Saudi Gazette

    The Bahrain Economic Development Board (EDB), FinTech incubator and ecosystem builder Singapore Fintech Consortium (SFC) and Dubai-based asset management and advisory firm Trucial Investment Partners, have partnered to develop a FinTech (financial technology) ecosystem and regulatory framework for...

  • CBO signs MoU with Central Bank of Iran Mar 27, 2017 | Source : Muscat Daily

    The Central Bank of Oman (CBO) recently signed a Memorandum of Understanding (MoU) with the Central Bank of Iran, pursuant to the distinguished relations between the Sultanate of Oman and the Islamic Republic of Iran. According to...

  • The challenges that fintech is facing Mar 17, 2017 | Source : Khaleej Times

    Cyber-security and threats to the financial privacy of individuals and institutions are the key challenges posed by the fast-emerging financial technology (fintech), according to experts at a seminar on the role of technology in banking and financial services.

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