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

United Finance's RO15mn bond issuance oversubscribed

13/06/2025

United Finance Company on Wednesday announced the successful completion of its privately placed, senior unsecured bond issuance, which was oversubscribed by 71%. Strong investor demand enabled the co

Muscat Daily

United Finance plans to reduce paid-up capital

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

Takeover talks for United Finance break down

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

Ticker Price Volume
UFCI Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
BKSB 0.15 0.00 (0.00%)
BKMB 0.33 -0.01 (-2.95%)
NBOB 0.36 0.01 (2.85%)
ABOB 0.15 0.00 (0.00%)
BKDB 0.17 0.01 (6.25%)
Energy is at the heart of AI revolution, says Aramco executive

26/11/2025

AI is driving generational opportunity across every industry, society, and economy - but at the crux of this global transformation is the crucial relationship between AI and energy, Aramco's Executiv

Arab News

Saudi FM company Efsim plans IPO, to list 30pc shares

26/11/2025

Efsim Facilities Management Company, a leading provider of integrated facilities management (IFM) services across the Kingdom of Saudi Arabia, today (November 25) announced its intention to proceed w

Trade Arabia

GFH Partners acquires majority stake in Devmark

26/11/2025

GFH Partners, a Dubai International Financial Center (DIFC) headquartered investment manager and the global real estate investment arm of GFH Financial Group, has acquired a majority stake in Devmark

Trade Arabia

Taqa, Sdeira launch landmark building retrofit project in Abu Dhabi

25/11/2025

Taqa Energy Services, a subsidiary of Abu Dhabi National Energy Company (Taqa), has signed an agreement with Sdeira Group, a subsidiary of AD Ports Group, to implement one of the emirate's largest bu

Trade Arabia

Al Akaria signs framework agreement for Expo 2030 Riyadh early works

25/11/2025

Saudi Real Estate Company (Al Akaria) has announced the signing of a framework agreement with Expo 2030 Riyadh Company to execute the early works for the Expo 2030 Riyadh project.

The contra

Trade Arabia