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Purchase of Shares in NFC
In accordance to the Capital Market Authority approval, Oman International Development and Investment Company SOAG would like to disclose that it shall purchase 4,000,000 shares, amounting to 1.56% of the share capital of the National Finance Company SAOG.
Jun-22-2018 11:28:10 AM
OMINVESTco. enters into an MOU
OMINVESTCo., together with its strategic partners Oman Investment Fund and Arab Bank Switzerland Ltd, has entered into a Memorandum of Understanding (MOU) with Oman Arab Bank SAOC (OAB), to acquire OAB’s Investment Banking Business (OABINVEST). The deal is subject to satisfactory due diligence and necessary approvals from the Regulators. OMINVESTCo.will provide further updates on any developments.
Jun-14-2018 10:06:57 AM
OMINVESTco. Establishes New Subsidiary
Structure in line with the new Business Model & Strategy which focuses on building its investment portfolio across strategic and non-strategic financial investments, OMINVESTCo."Board of Directors has approved creating a new Subsidiary “ONIC SAOC” with an authorized capital of RO 50 million and a paid up capital of RO 20 million. The wholly owned shareholding structure of ONIC SAOC comprises of: OMINVESTCo. 98%, OMINVESTCo Services SAOC 1% and Salalah Resorts SAOC 1%.
May-23-2018 02:03:00 PM

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