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  • BankDhofar partners with Omani Fintech startup

     · BankDhofar partners with Omani Fintech startup 2019-10-31 - Muscat – BankDhofar signed an agreement with TelyPay, an Omani Fintech startup company, supported by the Oman Technology Fund (OTF). The agreement was signed by Abu Baker Karim al Balushi, head of informatio­n technology at BankDhofar, and Ahmed al Shibli, CEO of TelyPay.

  • OAB Signs MoU with IDO Investments to Foster FinTech ...

     · Muscat, July 14, 2019: Oman Arab Bank (OAB) has announced that it has recently signed a Memorandum of Understanding (MoU) with Innovation Development Oman Holding S.A.O.C. (IDO Investments), in order to identify and explore potential opportunities for FinTech innovations to be implemented in Oman.The new strategic partnership will also facilitate the development of an …

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  • FinTech to transform Oman''s financial sector

    Thawani Pay, Oman''s first-ever FinTech company, will bring Oman one step closer to a cashless society, where all payments can be made through smartphones. But this is just the beginning of a ...

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  • Al Rajhi Crushers LLC (ARC), Oman

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  • Fintech Galaxy | Oman''s Bank Nizwa forms IT ...

     · Bank Nizwa has formed an IT & Cybersecurity Committee, a first-of-its-kind initiative in Oman''s banking industry as part of the bank''s vision to become the "Digital Bank of Choice" for people of Oman. Sheikh Khalid Abdullah Ali Al Khalili, Chairman, Bank Nizwa, said: "Bank Nizwa aspires to be the ''digital bank of choice'' for the ...

  • Oman Arab Bank, Innovation Development Oman Sign Fintech …

     · Oman Arab Bank (OAB) and Innovation Development Oman (IDO Investments), have signed a Memorandum of Understanding (MoU) in order to identify and explore potential opportunities for FinTech innovations to be implemented in Oman.. In a media release announcing the strategic partnership, it was stated that the MoU will also ''facilitate the development of an innovation eco …

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  • Stone crusher manufacturers in Rajasthan List 2021 Updated

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  • How The Sultanate of Oman Is Promoting Fintech and Wider ...

     · Shaukat adds, "The current move of creating a full fledge fintech committee in the Central Bank, the launch of $100 million fintech fund by the biggest bank, formal awareness campaigns on the subject by government bodies like CBFS, the creation of the Oman Block Chain Society, Oman Technology Fund (OTF) and the nation''s first comprehensive ...

  • CEO of OBA urges oman banks to get adapt to fintech and ...

    Oman Banks called on to adopt fintech and open banking. Oman Banks Association (OBA) has advised lending institutions in Sultanate to welcome few technological innovations in global banking and financial services landscape. The Association''s CEO, Ali Hassan Moosa, warns Oman banks for neglecting new developments that have the potential to ...

  • The Rise of FinTech in the Middle East

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  • Fintech Still in Infancy in Oman Despite Growth Potential ...

     · Fintech Still in Infancy in Oman Despite Growth Potential. Countries in the Gulf Cooperation Council (GCC) region are opening up to fintech and digital solutions …

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    Al Hura Crushers CO LLC(AHC) is another key member of HIG and is one of the market leaders in Oman. AHC produces wide range of products derived from limestone (Calcium Carbonate – CaCo3), which is produced at the company''s plant at Sohar. The quarried raw material is processed into various grades to meet the needs of a wide range of industries.

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  • How The Sultanate of Oman Is Promoting Fintech and Wider ...

     · Oman is undergoing its own fintech and wider digital transformation IMAGE SOURCE GETTY. A prime example of Omani entrepreneurship in fintech has been Thawani, which was established in early 2016 as an innovative startup allowing cashless mobile payment solutions to merchants and individual shoppers and buyers alike.As stated on their website, they are the first digital platform in Oman…

  • Fintech ecosystem taking shape in Oman

     · Fintech ecosystem taking shape in Oman. The growth of an ecosystem connecting banks, financial institutions, regulatory organisations and service providers bodes for the development of a strong financial technology (fintech) in the Sultanate, which in turn will stimulate the generation of jobs for young Omanis. This was one of many key ...

  • Fintech ecosystem taking shape in Oman

     · Fintech ecosystem taking shape in Oman. The growth of an ecosystem connecting banks, financial institutions, regulatory organisations and service providers bodes for the development of a strong financial technology (fintech) in the Sultanate of Oman, which in turn will stimulate the generation of jobs for young Omanis.

  • Sohar Aluminium Company L.L.C (SA), Oman

     · Oman Daily Observer - 09-Nov-2020 metals Sohar Aluminium hot metal production soars to new record in 2019. Around 158K tonnes of hot metal from the smelter were supplied to three local offtakers. Oman Daily Observer - 31-Aug-2020 power Bids invited for Oman…

  • ISLAMIC BANKS FINANCING OF FINTECH START-UPS IN …

    Keywords: Oman, FinTech financing, technology, Islamic bank INTRODUCTION The financial industry has witnessed a great transformation since the introduction of various technological tools to improve the way the financial services are operated and offered (Alt et al., 2018). These tools have been formally grouped under the title "FinTech ...

  • Oman Startup Hub

     · The Central Bank of Oman (CBO) is formulating a robust and comprehensive strategy to support the growth and adoption of financial technology (fintech) services in the Sultanate — a move designed to launch Oman into a burgeoning global industry projected to hit a market value of $300 billion by 2025. Oman''s fintech strategy, according to the ...

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  • Oman''s Phaze Ventures looks to London for fintech and ...

     · Oman''s Phaze Ventures looks to London for fintech and cleantech investments 20 August 2020 Oman-based venture capital (VC) firm Phaze Ventures is looking to tap into UK companies for the third cohort of its accelerator programme, according to the company''s CEO Abdullah Al-Shaksy.

  • Major strategy to fuel growth of fintech industry in Oman

     · The Central Bank of Oman (CBO) is formulating a robust and comprehensive strategy to support the growth and adoption of financial technology (fintech) services in the Sultanate — a move designed to launch Oman into a …

  • Central Bank Of Oman

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  • Oman

    Oman Arab Bank upgrades core banking system with Finastra. Oman Arab Bank (OAB), a long-standing customer of Finastra (formerly Misys), is implementing the Fusionbanking Essence core banking system. It will replace Misys'' Equation platform, in operation at the bank for over three decades. 10th July 2017

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