Times of Oman
Total credit granted by Oman's banking sector rises by 11.5% to OMR37.4bn
Digest from the original source
Times of Oman
Read the full storyOman's banking sector witnessed an 11.5% increase in the total credit granted, reaching OMR37.4 billion. This figure is derived from the consolidated balance sheet data of conventional and Islamic banks, which are collectively known as other depository corporations within the banking sector.
Source: Times of Oman
Related pulses
Shura Council discusses Environmental Law bill referred by government
The Health and Social Affairs Committee of the Shura Council convened in Muscat to discuss the Environmental Law bill. This bill was referred to the Council by the government. The meeting included the participation of several specialists from the Environment Authority, who contributed to the discussions.
Meeting held for ‘Duqm Waterfront’ project
The Public Authority for Special Economic Zones and Free Zones (OPAZ) organized an investment meeting in Muscat. This meeting, held on Monday, focused on the 'Duqm Waterfront' project. The gathering served to advance this development initiative.
Youth in Mind: The Novelist Who Made Patience Taste Sweet
The Omani literary community mourned the passing of novelist Mohammed Eid Al-Araimi on Thursday, September 24th. He was recognized as a literary giant.