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

United Finance Co. UFCI
UFCI 5.38%
Financial 0.50%
MSM30 Index 0.06%
Last Value
% Change
Price in OMR Last Update : 22 Jun 2017 1:15 pm (local time)
  • United Finance reports 7% gain in 9M net profit Oct 08, 2015 | Source : Muscat Daily

    United Finance Co reported a seven per cent year-on-year increase in net profit for the nine-month period ended September 30, 2015. The company's net profit rose to RO3.76mn from RO3.5mn in the corresponding period of last year, according to...

  • NBO pulls out, leaving Al Omaniya last firm standing in race for United Finance Jul 01, 2015 | Source : Muscat Daily

    National Bank of Oman (NBO) became the latest to drop its bid for acquiring United Finance Co after Bank Nizwa pulled out from the race in May. NBO's exit now leaves Al Omaniya Financial Services as...

  • National Bank of Oman confirms participation in bidding: United Finance May 24, 2015 | Source : Muscat Daily

    National Bank of Oman (NBO) has confirmed its interest to participate in the bidding process for a possible acquisition of United Finance Co. “We would like to inform that United Finance has received an official communication from...

  • Al Omaniya to explore merger possibility with United Finance Mar 16, 2015 | Source : Muscat Daily

    Al Omaniya Financial Services, the largest non-banking finance company in the sultanate, has shown interest in exploring the possibility of an acquisition or strategic merger with United Finance Co. “Al Omaniya Financial Services would like to disclose that the...

  • Merger will help in growth: Bank Nizwa Feb 16, 2015 | Source : Oman Daily Observer

    The merger proposal sent to United Finance was to help meet a higher growth objective and we are waiting for a proposal from the other side, said Dr Jamil el Jaroudi, CEO, Bank Nizwa “We have to...

  • 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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