Muscat. 9 June 2026. Oman Arab Bank has launched the enhanced edition of its “Tumouhi 2026” training program as part of its ongoing efforts to support startups, micro, small and medium enterprises (MSMEs) and strengthen their readiness for growth, expansion, and long-term sustainability.
The program falls under the broader “Tumouhi” platform, which the bank introduced several years ago as a comprehensive umbrella offering tailored banking and financing solutions, along with development initiatives and capacity-building programs dedicated to this vital sector.
The launch of the program’s new edition reaffirms the bank’s commitment to its role as a development partner for SMEs by combining financial support with capability building, knowledge-sharing, and guidance, thereby empowering entrepreneurs and enhancing the contribution of their businesses to economic development.
This year, the program underwent a comprehensive enhancement in both content and delivery, ensuring alignment with the rapidly evolving business environment and the changing needs of startups, micro, small and medium enterprises at various stages of growth. It has been designed to provide a holistic development experience centered on practical training, professional mentorship, managerial and financial skills development, and institutional readiness for growth and expansion.
The value of the program extends beyond training alone. It provides participants with access to a comprehensive ecosystem of opportunities, connections, and expertise, enabling them to engage with industry experts, strategic partners, and fellow entrepreneurs while benefiting from a supportive environment that broadens their horizons and enhances the growth and sustainability of their businesses. This further reinforces Tumouhi’s position as an integrated platform for empowerment and development.
Commenting on the launch, Sulaiman bin Hamad Al Harthi, Chief Executive Officer of Oman Arab Bank, said:
“Since the launch of the Tumouhi platform, we have been committed to ensuring that it serves as more than just a banking initiative. We envisioned it as a comprehensive ecosystem that supports and empowers entrepreneurs and SMEs through tailored financial solutions, development initiatives, and capacity-building programs. The launch of the enhanced Tumouhi 2026 training program reflects this commitment and translates our vision of supporting promising businesses and enabling them to achieve sustainable growth that meets the demands of the future.”
Al Harthi added:
“Through this edition, we aim to deliver a comprehensive participant experience that goes beyond traditional training by connecting participants to a network of expertise, relationships, and opportunities that support business growth and enhance readiness for the next stage of development. Throughout this journey, we look forward to recognizing outstanding participants, celebrating their achievements, and creating additional opportunities and value-added benefits that contribute to the growth, impact, and sustainability of their businesses.”
Al Harthyiemphasized that startups, micro, small and medium enterprises are among the most important drivers of economic growth, innovation, and job creation, noting that investing in their development and enhancing their readiness for growth is a direct investment in the future of Oman’s economy.
The program attracted strong interest from businesses across various sectors. Following an open registration process through digital platforms, applicants underwent a rigorous evaluation and interview process, resulting in the selection of more than 50 promising businesses to join the new edition of the program.
Over the coming months, participants will embark on a comprehensive development journey featuring specialized training modules, interactive workshops, and mentoring sessions aimed at enhancing managerial and financial skills, strengthening growth planning capabilities, and improving overall business performance.
The bank also commended the efforts of the Oman SME Academy, the program’s training partner, for its valuable contribution to the design and delivery of the training content, ensuring that it addresses participants’ needs and supports the achievement of the program’s objectives.
Through Tumouhi, Oman Arab Bank continues to develop an integrated ecosystem of services and initiatives dedicated to SMEs, driven by its belief in the sector’s vital role in supporting economic diversification, enhancing national competitiveness, and reinforcing the bank’s position as a trusted partner for growth and success at every stage of the business journey.
Oman Arab Bank Reconnects Ruwad Alumni to Advance a Shared Culture of Leadership
/in News /by Salma Al SulaimaniOman Arab Bank hosted the Ruwad Alumni Gathering 2026, bringing together graduates of the Ruwad Leadership Development Program for an evening dedicated to reconnecting, exchanging experiences and celebrating the program’s continued impact. The event was held under the patronage of Mr Ashraf Al Mamari, Group CEO of OQ, at the Tivoli La VIE Hotel. The gathering welcomed Ruwad alumni from different batches, alongside senior management, managers and representatives from partner organisations. More than a reunion, the event provided a platform for graduates to reflect on their professional journeys, strengthen their networks and continue learning from one another.
The program opened with welcoming remarks by Sulaiman Al Harthi, CEO of Oman Arab Bank, who highlighted the importance of sustaining a strong alumni community and encouraged graduates to view leadership development as an ongoing journey.
“Ruwad is a leadership development program that created a thriving community of leaders who continue to learn, connect and leave lasting impact. This gathering renews the bonds between alumni, transforming individual experiences into shared knowledge and new opportunities for collaboration. Investing in national leadership is a direct investment in the future of our institutions, which ultimately affects our economy and, thus, our nation,” said Al Harthi.
The gathering featured a presentation highlighting the impact and key milestones of the Ruwad program, followed by alumni testimonies and an interactive panel discussion. Participants shared perspectives on their evolving roles, the leadership challenges they have encountered and the ways in which they have applied lessons from the program within their workplaces.
A keynote leadership talk was delivered by Ashraf Al Mamari, who explored the importance of continuous learning, personal growth and lifelong leadership development.
“True leadership is measured not by titles, but by the impact we create and the opportunities we open for others to grow. The Ruwad Alumni Gathering reflects the power of continuous learning and a leadership network built on shared experience and inspiration. When ambitions unite, their collective impact can help shape a more prosperous future for Oman,” said Al Mamari.
The evening also recognised the first-place participants from each Ruwad batch in appreciation of their performance and commitment throughout the program. A commemorative video revisited defining moments from the program’s journey, highlighting the experiences and connections shared by participants across the different batches.
It is through Ruwad that Oman Arab Bank continues to reinforce its commitment to developing national talent and creating opportunities for leaders to learn, connect and contribute to Oman’s long-term progress.
Oman Arab Bank Strengthens Customer Relationships at Salalah Recognition Event
/in News /by Salma Al SulaimaniOman Arab Bank (OAB) recently hosted a special customer gathering in Salalah, bringing together customers and representatives of the Bank to strengthen connections, encourage open dialogue and celebrate the partnerships that continue to shape their shared journey. Held under the patronage of His Highness Sayyid Marwan bin Turki Al Said, Governor of Dhofar, the event reflected OAB’s belief that meaningful customer relationships extend beyond banking services and are built through trust, understanding and continuous engagement. It provided a valuable platform for customers to connect directly with the Bank’s team, exchange perspectives and gain further insight into OAB’s evolving range of financial solutions.
The program opened with a welcome address, followed by a keynote speech from Jumaa Al Fulaiti, Deputy Head of Retail Banking at Oman Arab Bank. In his remarks, Al Fulaiti highlighted the important role customers play as partners in the Bank’s continued development and in shaping banking experiences that are relevant, responsive and accessible.
Commenting on the occasion, Jumaa Al Fulaiti said: “Our relationship with our customers is founded on partnership, trust and a shared understanding of their aspirations. Opportunities such as this allow us to connect more closely, listen to their perspectives and deepen the relationships we have built over the years. Their confidence continues to inspire us to develop flexible and relevant solutions that support their financial goals at every stage.”
Through such engagements, Oman Arab Bank continues to place customer partnership at the heart of its approach. By maintaining open channels of communication and creating opportunities for meaningful interaction, the Bank remains committed to building enduring relationships and serving as a trusted financial partner to customers across the Sultanate of Oman.
Oman Arab Bank Showcases Comprehensive Home Financing Solutions at Salalah Autumn Real Estate Exhibition 2026
/in News /by Salma Al SulaimaniOman Arab Bank (OAB) is participating in the Salalah Autumn Real Estate Exhibition 2026, taking place from 25 July to 5 August at Al Haffa, Salalah. Through its dedicated exhibition booth, the Bank is showcasing its housing finance solutions and engaging directly with visitors, developers, and stakeholders from across the real estate ecosystem. The Al Dar housing loan from OAB has an interest rate starting from 4.25%, thus making home ownership more accessible to the clients.
The exhibition provides an important platform for bringing together key players from the housing and real estate sectors while enabling prospective homeowners and investors to explore available financing opportunities and market developments. Visitors to the Oman Arab Bank booth have the opportunity to meet with the Bank’s housing finance specialists, learn more about available financing solutions, and receive guidance tailored to their property ownership and investment objectives.
Commenting on the Bank’s participation, Juma Al Fulaiti, Deputy Head of Retail Banking at Oman Arab Bank, said, “We are pleased to participate in the Salalah Autumn Real Estate Exhibition 2026 and engage directly with customers and industry stakeholders. Housing remains a key pillar of personal and economic development, and we remain committed to supporting our customers through accessible and innovative financing solutions that help them achieve their property aspirations.”
OAB’s participation reflects its ongoing commitment to supporting the growth of the real estate sector and contributing to sustainable economic development through customer-focused financial solutions.
OAB CEO Participates in Arab Bank Strategy Sessions, Highlighting Regional Collaboration and Growth
/in News /by Salma Al SulaimaniMuscat. 1 July 2026. Oman Arab Bank (OAB) announced that its Chief Executive Officer, Sulaiman Al Harthi, recently participated in strategic leadership sessions hosted by Arab Bank in Amman, Jordan. The sessions brought together senior executives and banking leaders from across the region to exchange perspectives on the evolving financial landscape, emerging opportunities, and the future of banking in the Middle East.
The engagement reflects the longstanding relationship between Oman Arab Bank and Arab Bank, built on shared values, mutual trust, and a common commitment to supporting sustainable economic growth and financial sector development across the region.
The strategy sessions provided an important platform for dialogue around key industry priorities, including digital transformation, customer experience, sustainable finance, operational resilience, and regional economic trends. Discussions also explored opportunities for deeper collaboration and knowledge sharing to support the continued advancement of the banking sector.
The participation comes shortly after Arab Bank’s support of Oman Arab Bank’s successful Additional Tier 1 (AT1) capital issuance, reinforcing the strength of the relationship between the two institutions. The landmark transaction marked an important milestone in Oman Arab Bank’s capital management strategy, further strengthening the bank’s capital position and supporting its long-term growth ambitions.
Commenting on the occasion, Sulaiman Al Harthi, Chief Executive Officer of Oman Arab Bank, said, “Our participation in these strategic sessions reflects the value of strong regional partnerships and the importance of collaborative thinking in shaping the future of banking. We are proud of our longstanding relationship with Arab Bank and deeply appreciate their support in our recent AT1 capital issuance. Such partnerships play a vital role in strengthening financial institutions, fostering innovation, and enabling sustainable growth across the region. As the banking industry continues to evolve, ongoing dialogue and cooperation among regional leaders will remain essential to creating long-term value for our customers, shareholders, and the wider economies we serve.”
Oman Arab Bank remains committed to strengthening regional partnerships and leveraging strategic collaborations that support innovation, resilience, and sustainable growth, while continuing to deliver value-driven banking solutions to its customers and stakeholders.
Oman Arab Bank and Oman Air Sign Partnership to Launch Exclusive Khareef Cashback Campaign
/in News /by Salma Al SulaimaniMuscat. 1 July 2026. Oman Arab Bank (OAB) and Oman Air have signed a strategic partnership agreement to launch an exclusive cashback campaign, offering Oman Arab Bank Credit Card holders added value on domestic travel to and from Dhofar during the Khareef season. The agreement was signed at Oman Arab Bank’s Headquarters by Juma Al Fulaiti, Deputy Head of Retail Banking at Oman Arab Bank, and Surya Kuchibotla, Vice President – Retailing, Ancillary and Commerce at Oman Air, in the presence of senior representatives from both organizations.
The partnership reflects the shared commitment of both institutions to enhance customer experiences through rewarding travel and lifestyle benefits while supporting domestic tourism during one of Oman’s most anticipated travel seasons.
Under the campaign, eligible customers who book Oman Air domestic flights to and from Dhofar online using their Oman Arab Bank Credit Cards will receive 20% cashback on their bookings. The offer will run over three consecutive weekends beginning 3 July 2026 and is available exclusively to Omani nationals on the Oman Air Website and mobile app. Customers can receive cashback on up to three tickets per customer, with cashback capped at OMR 34.200, while the promotion is limited to the first 200 eligible customers.
Commenting on the partnership, Juma Al Fulaiti, Deputy Head of Retail Banking at Oman Arab Bank, said, “At Oman Arab Bank, we are committed to creating meaningful partnerships that deliver tangible value to our customers. Our collaboration with Oman Air brings together two trusted national brands to offer customers greater rewards while encouraging domestic travel during the Khareef season. This campaign reflects our ongoing efforts to enhance the everyday value of our card offerings through experiences that matter most to our customers.”
Surya Kuchibotla, Vice President – Retailing, Ancillary and Commerce at Oman Air, added, “As we enter one of the busiest travel periods of the year, we’re pleased to partner with Oman Arab Bank to make exploring Oman even more rewarding. By combining the convenience of our domestic network with an exclusive cash back benefit, we’re giving our shared customers another reason to plan their next journey. We also see this as an opportunity to build on our collaboration and look forward to finding even more ways to enhance the travel experience.”
The cashback campaign forms part of Oman Arab Bank’s broader strategy to expand the value proposition of its card portfolio through strategic partnerships that offer customers meaningful lifestyle and travel benefits. At the same time, it supports Oman Air’s ongoing efforts to make domestic travel more accessible and convenient, while delivering award-winning travel experiences for its guests. Customers booking eligible Oman Air flights online during the campaign period will receive their cashback within 30 days after the campaign concludes, subject to the campaign’s terms and conditions. The offer is valid on Oman Air domestic flights to and from Dhofar only. Terms and Conditions apply.
Oman Arab Bank Launches the Enhanced “Tumouhi 2026” Training Program to Support Startups, Micro, Small and Medium Enterprises
/in News /by Salma Al SulaimaniMuscat. 9 June 2026. Oman Arab Bank has launched the enhanced edition of its “Tumouhi 2026” training program as part of its ongoing efforts to support startups, micro, small and medium enterprises (MSMEs) and strengthen their readiness for growth, expansion, and long-term sustainability.
The program falls under the broader “Tumouhi” platform, which the bank introduced several years ago as a comprehensive umbrella offering tailored banking and financing solutions, along with development initiatives and capacity-building programs dedicated to this vital sector.
The launch of the program’s new edition reaffirms the bank’s commitment to its role as a development partner for SMEs by combining financial support with capability building, knowledge-sharing, and guidance, thereby empowering entrepreneurs and enhancing the contribution of their businesses to economic development.
This year, the program underwent a comprehensive enhancement in both content and delivery, ensuring alignment with the rapidly evolving business environment and the changing needs of startups, micro, small and medium enterprises at various stages of growth. It has been designed to provide a holistic development experience centered on practical training, professional mentorship, managerial and financial skills development, and institutional readiness for growth and expansion.
The value of the program extends beyond training alone. It provides participants with access to a comprehensive ecosystem of opportunities, connections, and expertise, enabling them to engage with industry experts, strategic partners, and fellow entrepreneurs while benefiting from a supportive environment that broadens their horizons and enhances the growth and sustainability of their businesses. This further reinforces Tumouhi’s position as an integrated platform for empowerment and development.
Commenting on the launch, Sulaiman bin Hamad Al Harthi, Chief Executive Officer of Oman Arab Bank, said:
“Since the launch of the Tumouhi platform, we have been committed to ensuring that it serves as more than just a banking initiative. We envisioned it as a comprehensive ecosystem that supports and empowers entrepreneurs and SMEs through tailored financial solutions, development initiatives, and capacity-building programs. The launch of the enhanced Tumouhi 2026 training program reflects this commitment and translates our vision of supporting promising businesses and enabling them to achieve sustainable growth that meets the demands of the future.”
Al Harthi added:
“Through this edition, we aim to deliver a comprehensive participant experience that goes beyond traditional training by connecting participants to a network of expertise, relationships, and opportunities that support business growth and enhance readiness for the next stage of development. Throughout this journey, we look forward to recognizing outstanding participants, celebrating their achievements, and creating additional opportunities and value-added benefits that contribute to the growth, impact, and sustainability of their businesses.”
Al Harthyiemphasized that startups, micro, small and medium enterprises are among the most important drivers of economic growth, innovation, and job creation, noting that investing in their development and enhancing their readiness for growth is a direct investment in the future of Oman’s economy.
The program attracted strong interest from businesses across various sectors. Following an open registration process through digital platforms, applicants underwent a rigorous evaluation and interview process, resulting in the selection of more than 50 promising businesses to join the new edition of the program.
Over the coming months, participants will embark on a comprehensive development journey featuring specialized training modules, interactive workshops, and mentoring sessions aimed at enhancing managerial and financial skills, strengthening growth planning capabilities, and improving overall business performance.
The bank also commended the efforts of the Oman SME Academy, the program’s training partner, for its valuable contribution to the design and delivery of the training content, ensuring that it addresses participants’ needs and supports the achievement of the program’s objectives.
Through Tumouhi, Oman Arab Bank continues to develop an integrated ecosystem of services and initiatives dedicated to SMEs, driven by its belief in the sector’s vital role in supporting economic diversification, enhancing national competitiveness, and reinforcing the bank’s position as a trusted partner for growth and success at every stage of the business journey.
Oman Arab Bank S.A.O.G. prices US$400 million AT1 bond at 6.75% amid volatile market conditions
/in News /by Salma Al SulaimaniTransaction attracted over US$1.1 billion in demand and was oversubscribed by 2.75 times with strong local and international investor participation.
Oman Arab Bank Bank S.A.O.G. has successfully issued a US$400 million Additional Tier 1 (AT1) perpetual non-call 5.5-year instrument with a fixed resettable coupon of 6.75 percent, reinforcing the Bank’s capital position and supporting its long-term capital optimization strategy.
The issuance was executed during a period of heightened geopolitical tensions and significant volatility across international capital markets, including uncertainty arising from the regional conflict and elevated supply conditions across the GCC debt capital markets space.
The pricing was established at 6.75 percent, surpassing the initial range of low seven percent by around 50 basis points.
Investor demand for the issuance was strong, with the transaction attracting an orderbook exceeding US$1.1 billion and being oversubscribed by approximately 2.75 times. The issuance also attracted significant participation from international investors, reflecting continued confidence in the Bank’s credit fundamentals, financial resilience, strategic direction and the broader Omani economy.
The issuance attracted interest from a diversified investor base across regional and international markets, further reinforcing the Bank’s continued access to international debt capital markets despite volatile market conditions.
Oman Arab Bank S.A.O.G. Announces Mandate of Joint Lead Managers for Proposed Additional Tier 1 Capital Securities Issuance
/in News /by Salma Al SulaimaniOman Arab Bank S.A.O.G. (“OAB” or the “Bank”) announced on 18 May 2026 the mandate of a group of financial institutions in connection with a proposed benchmark fixed rate resettable U.S. dollar-denominated Regulation S Additional Tier 1 perpetual non-call 5.5-year capital securities issuance, subject to market conditions.
The Bank has mandated Abu Dhabi Commercial Bank, Arab Bank plc, Arqaam Capital, Citigroup, Emirates NBD, First Abu Dhabi Bank, Kamco Invest, Oman Investment Bank, Standard Chartered and Ubhar Capital as Joint Global Coordinators, Joint Lead Managers and Joint Bookrunners to arrange a global investor conference call and a series of fixed income investor calls commencing on 18 May 2026.
The proposed issuance forms part of the Bank’s broader strategy to actively manage and optimise its capital structure, support long-term growth objectives, and further strengthen its regulatory capital base.
Commenting on the announcement, Sulaiman Al Harthi, Chief Executive Officer, said:
“The proposed issuance reflects Oman Arab Bank’s continued commitment to prudent capital management and maintaining a strong and diversified funding profile. The mandate of leading financial institutions reflects continued confidence in the Bank’s financial strength, strategic direction, and long-term growth prospects.
Proceeding with this transaction amid heightened geopolitical uncertainty and challenging market conditions further demonstrates the resilience of the Bank and the strength of the broader Omani banking sector.”
The proposed issuance is expected to further support the Bank’s capital optimisation strategy and remains subject to market conditions.
For further information, please contact:
investor.relations@oab.om
Oman Arab Bank Highlights Leadership Excellence Through Chairman’s Award Initiativ
/in /by Salma Al SulaimaniOman Arab Bank (OAB) has reaffirmed its commitment to fostering leadership, innovation, and impactful contribution across the banking sector through its Chairman’s Award initiative, a strategic internal platform designed to recognize exceptional performance and forward-thinking leadership within the bank. The initiative reflects OAB’s continued focus on empowering talent, encouraging innovation, and strengthening a culture of excellence that contributes to both institutional progress and the broader development of Oman’s financial sector.
As part of the initiative, Zahraa Abdulamir, Chief Risk Officer at Oman Arab Bank, was recognized as the recipient of the Chairman’s Excellence Award in acknowledgment of her outstanding contributions to the bank’s strategic growth, operational resilience, and governance excellence. The recognition highlights the important role that leadership, innovation, and long-term strategic thinking play in shaping sustainable growth within the banking industry.
Developed as a comprehensive recognition framework, the Chairman’s Award was established to promote a culture centered around strategic impact, customer-centric innovation, collaboration, and continuous improvement. The program evaluates achievements across several key pillars, including leadership, operational transformation, innovation and growth, financial stewardship, customer experience excellence, and people development. The initiative also reinforces the bank’s belief that empowering high-performing talent is essential to delivering stronger banking experiences, supporting institutional agility, and advancing the wider economy.
Commenting on the occasion, Sulaiman Al Harthi, Chief Executive Officer of Oman Arab Bank, said: “At Oman Arab Bank, we firmly believe that sustainable success begins with people who lead with vision, integrity, and purpose. The Chairman’s Award represents more than recognition; it reflects our long-term commitment to nurturing leadership, encouraging innovative thinking, and empowering individuals who contribute meaningfully to the future of banking and the development of Oman’s economy. Zahraa Abdulamir’s recognition is a testament to the caliber of talent within OAB and the culture of excellence we continue to strengthen across the organization.”
Zahraa Abdulamir, said, “Winning the Chairman’s Award is both an honor and a motivation to continue driving meaningful progress across the bank. The initiative creates a valuable platform for collaboration, innovation, and continuous learning, while encouraging teams to think beyond traditional approaches. As the banking sector continues to evolve, we see significant opportunities to leverage artificial intelligence and emerging technologies to enhance performance, strengthen customer experience, and support the bank’s long-term growth ambitions.”
The Chairman’s Award forms part of Oman Arab Bank’s broader commitment to building a future-ready institution driven by innovation, responsible leadership, and continuous advancement. By recognizing impactful contributions and strategic achievements, the Bank continues to reinforce its position as an organization that values excellence, develops talent, and contributes to the sustainable evolution of Oman’s banking sector.
Oman Arab Bank and Muscat Finance Sign Strategic MoU to Advance Digital Financial Solutions
/in /by Salma Al SulaimaniOman Arab Bank (OAB) has signed a Memorandum of Understanding (MoU) with Muscat Finance, reinforcing both institutions’ commitment to advancing customer-focused financial solutions through the implementation and promotion of the e-Mandate facility. The agreement reflects a shared vision to support the evolving financial landscape in the Sultanate by enabling more seamless, secure, and efficient banking experiences for customers.
The agreement was signed by Mr. Rashad Al Shaikh, Chief Executive Officer of Muscat Finance, in the presence of Mr. Sulaiman Al Hinai, Chief Wholesale Banking Officer at Oman Arab Bank, at the Bank’s headquarters in Al Ghubra. The partnership is designed to strengthen collaboration between both institutions in developing digital payment solutions that simplify recurring financial transactions and improve overall customer convenience.
Through this collaboration, Oman Arab Bank and Muscat Finance aim to facilitate broader adoption of the e-Mandate framework, enabling customers to manage payment obligations through secure and automated digital channels. The initiative aligns with the increasing demand for integrated financial services that offer greater flexibility, transparency, and operational efficiency across the banking and finance sectors.
Commenting on the partnership, Mr. Sulaiman Al Hinai said, “This partnership with Muscat Finance reflects our continued focus on building strategic collaborations that contribute to the advancement of Oman’s financial ecosystem. The adoption of the e-Mandate facility is fully aligned with the directives of the Central Bank of Oman to accelerate digital transformation and strengthen financial efficiency across the sector. At Oman Arab Bank, we remain committed to supporting initiatives that enhance customer experience, encourage financial accessibility, and contribute to the objectives of Oman Vision 2040.”
The MoU further highlights Oman Arab Bank’s broader strategy to strengthen digital capabilities and drive innovation through meaningful partnerships that create long-term value for customers and the wider economy. By working closely with leading institutions across the financial sector, the Bank continues to support the development of smarter and more connected banking solutions that respond to the changing needs of individuals and businesses alike.