Please wait...
GulfBase Live Support
- ADX names Mena start-up Thndr as remote retail trading member
- Mered expands UAE operations with new Abu Dhabi office
- Bahrain All Share Index closes lower, Islamic Index closes higher
- Burjeel reports 129% increase in Q2 net profit, revenue grows 18.7%
- Saudi Maaden H1 profit up 73% on higher sales; revenue hits $4.8bn
- IQ reports QR2bn net profit in H1, approves 26% interim dividend
- 65% Omanis in private sector earn less than RO600
- Local banks record higher credit issuance in June; reflects positive outlook on Qatar economy
- S&P Affirms China's Sovereign Credit Rating at A+ with Stable Outlook
- Saudi stock market may open to global investors, regulator says
26/03/2018 07:51 AST
Muscat Finance, the pioneer in auto finance, consumer durable finance, equipment leasing, working capital finance and debt factoring services, reported yet another year of strong profits and uninterrupted dividends since inception.
At the annual general meeting (AGM) held on March 22, 2018, the shareholders approved the accounts for the year 2017 and approved a cash dividend of 8 per cent and a stock dividend of 5 per cent, on the capital of OMR28.54 million.
This will increase the capital to OMR29.97million. In 2017, the company had registered net assets of OMR158 million and maintained an enviable track record of successful operations over the last 30 years.
The company offers a wide range of products like financing for cars, heavy equipment, financing of receivables, consumer durable and working capital requirements.
With the government's priorities in mind, the company has been focusing on developing its business with the small and medium enterprises (SMEs).
The company has an extensive network of branches, apart from the head office in Muscat (Al Khuwair), and serves its clientele through its full-fledged branch offices in Barka, Sohar, Sur, Salalah, Ibri and Nizwa.
Times of Oman
05/01/2017
The first finance company in Oman, Muscat Finance SAOG has always been dedicated to providing new solutions for the ease of their customers.
Keeping abreast with the international trends an
Oman Daily Observer
18/08/2015
Muscat Finance SAOG - the Sultanate's leading non-banking finance company (NBFC) - has set up an information and customer service unit at Muscat Grand Mall (MGM) as part of its strategy to strengthen
Oman Daily Observer
06/06/2013
The board of directors of Muscat Finance has announced the appointment of Bikram Singh Rishi as the new chief executive officer (CEO) of the company in place of Ajit Engineer with immediate effect.
Times of Oman
| Ticker | Price | Volume |
|---|
08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia