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01/07/2015 03:42 AST
Al Omaniya said separately that it had submitted an indicative bid to buy 100 per cent of the shares in United Finance.
Oman's United Finance said on Tuesday its board was considering a non-binding takeover offer from Al Omaniya Financial Services. Al Omaniya said separately that it had submitted an indicative bid to buy 100 per cent of the shares in United Finance.
In May, United Finance invited National Bank of Oman, Bank Nizwa and Al Omaniya to participate in an acquisition bidding process. The other two institutions have decided not to bid. United Finance offers loans and leasing services as well as corporate deposits.
Gulf News
31/01/2018
The board of United Finance Company has proposed to reduce the company's paid up capital from OMR34.91 million to OMR25 million. This will be done by returning the par value of the shares (100 baisa
Times of Oman
25/08/2015
Talks for a possible takeover of Oman's United Finance by Al Omaniya Financial Services have broken down and will not progress any further, the two sides said on Monday.
The board of Unite
Trade Arabia
14/05/2015
United Finance Co (UFC) has invited National Bank of Oman, Bank Nizwa and Al Omaniya Financial Services to participate in a merger and acquisition bidding process, Reuters said yesterday, citing a fi
Oman Daily Observer
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16/05/2025
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
Trade Arabia
16/05/2025
Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The
Muscat Daily
16/05/2025
Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
16/05/2025
Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times
Financial Information Co.
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