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

United Finance Co. UFCI
UFCI 0.00%
Financial 0.45%
MSM30 Index 0.31%
Last Value
% Change
Price in OMR Last Update : 23 Mar 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...

  • 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.

  • Fintech forecast to redesign GCC financial sector by 2020 Mar 06, 2017 | Source : Saudi Gazette

    Fintech has the potential to alter financial services in the GCC by 2020, Xpress Money COO Sudhesh Giriyan forecast. Presently, the fintech revolution is still dwelling in its nascent stage in the GCC because of the lack...

  • OAB completes RO30mn bond issue to boost capital base Dec 29, 2016 | Source : Muscat Daily

    The Oman Arab Bank (OAB) successfully concluded its issue of Omani rial-denominated perpetual bonds, raising RO30mn as additional Tier 1 capital. The issue will boost the bank’s capital base and increase its capital adequacy ratio. The Investment...

  • U-Capital to acquire OAB’s investment banking business Dec 21, 2016 | Source : Muscat Daily

    Ubhar Capital SAOC (U-Capital) has agreed to acquire Oman Arab Bank’s (OAB) Investment Management Group (IMG) business. The investment-banking platform, which brings together Oman Investment Fund (OIF), Oman International Development and Investment Co (Ominvest) and Arab Bank...

  • Islamic Corporation for the Development (ICD) buys Capitas Group Oct 12, 2016 | Source : Saudi Gazette

    AS part of its strategy to facilitate private sector investment, the Islamic Corporation for the Development of the Private Sector (ICD), has acquired Capitas Group International and has changed its name to Catalyst Group. The existing Catalyst...

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