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 : 24 Sep 2017 10:15 am (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....

  • 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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