Exclusive and available by invitation only

Oman Arab Bank: the first bank in the Sultanate of Oman to launch the Visa Infinite Privilege Metal Credit Card

 

The new card consolidates the bank’s position as a pioneering financial institution in providing quality and innovative solutions to discerning customers.

Muscat. 8 October, 2025. Oman Arab Bank (OAB) has set a new standard of excellence in the banking sector by becoming the first bank in the Sultanate of Oman to launch the Infinite Privilege Metal Credit Card from Visa, the global leader in digital payment solutions. The launch took place during an exceptional evening organized by the bank for its Elite Exclusive customers. The event brought together a select group of guests and strategic partners in an exceptional atmosphere that embodied excellence and leadership in the banking sector, paving the way for the exchange of ideas, and a celebration of excellence.

 

During the evening, Visa presented a comprehensive overview of the benefits of the Visa Infinite Privilege Metal Card, the exclusive card available only by invitation. The presentation highlighted its position as the ideal travel companion and lifestyle enabler for its discerning Elite customers, including banking services specifically designed to meet their aspirations and provide them with an exceptional experience that goes beyond traditional banking transactions, leading to a fully integrated lifestyle full of privileges and opportunities.

 

This new accolade represents a qualitative addition to Oman Arab Bank’s journey towards strengthening its leadership in the Omani banking sector, thus consolidating its position as a pioneering financial institution, one that excels in providing innovative and quality solutions to its customers. It embodies the depth of the strategic partnership with Visa and is also a practical step towards providing Elite Exclusive customers with an exceptional banking experience that elevates their aspirations and opens up broader horizons of exclusive privileges, whether at the level of advanced banking services or one for a modern lifestyle that is full of opportunities.

 

Oman Arab Bank’s “Elite Exclusive” segment represents the pinnacle of innovation and uniqueness in the world of banking services. Customers in this segment not only enjoy traditional banking products, but go far to build a solid partnership with a distinguished group of customers, based on mutual appreciation. Notably, the services enrich the lives of customers with solutions that befit their status and aspirations.

 

Oman Arab Bank is one of the first banks to commence operations in the Sultanate of Oman and has a history of achievements. Today, the bank operates a wide network of branches and ATMs across the Sultanate. It also offers a wide range of banking products and services through its mobile app, allowing customers to open new accounts and access a wide range of other services directly from their mobile phones.

 

Oman Arab Bank highlights its ongoing strategic initiatives and future plans.

Muscat. 22 October 2025. Oman Arab Bank held a discussion session at its headquarters in Muscat on Wednesday, October 22, bringing together media representatives for an open dialogue moderated by CEO Sulaiman Al Harthi. The session focused on the Bank’s ongoing initiatives and strategic directions for the coming period, shedding light on the successes it has achieved over the past years. Al Harthi affirmed the Bank’s commitment to enhancing innovation, pushing the exceptional customer experience it provides towards larger horizons, and achieving sustainable growth.

During the discussion, the CEO emphasized the importance of maintaining momentum in a dynamic economic environment, while adhering to the country’s future vision “Oman 2040,” which has become a roadmap for the future Omanis aspire to. He explained that the bank’s efforts focus on enhancing digital capabilities, supporting national talent, and raising the efficiency of operational processes in accordance with the highest international standards.

Al Harthi said, “At Oman Arab Bank, we believe that progress is built on trust, innovation, and partnership. Our initiatives are not only aimed at achieving sustainable financial performance, but also at empowering our shareholders, customers, employees, and communities. This panel discussion embodies our commitment and transparency to our customers, while maintaining an open dialogue with the media and the public, whom we consider the cornerstone of our ongoing success.”

He added that Oman Arab Bank’s priorities include expanding digital services, enhancing financial inclusion, and consolidating its position as a trusted banking partner for individuals and companies alike. With its remarkable success in increasing its capital by OMR 50 million over the past few weeks and achieving outstanding results in recent months, the bank will continue to explore new opportunities for cooperation and investment in line with its long-term development goals. The meeting also highlighted the bank’s role in supporting national development efforts through financing solutions for key sectors, comprehensive community programs, and partnerships that enhance innovation within the national financial system.

In addition, the CEO believes that at the heart of Oman Arab Bank’s strategy is a commitment to delivering an exceptional customer experience. From seamless digital services to personalized solutions, the bank continuously seeks to understand and anticipate the needs of its clients. By combining innovation with attentive service, OAB ensures that every interaction is efficient, meaningful, and aligned with the evolving expectations of its customers, reinforcing trust and long-term loyalty

OAB continues to invest in the development of national talent and leadership within the banking sector. With an Omanization rate approaching 96%, the Bank stands as one of the leading institutions in nurturing local capabilities. Its flagship “Ruwad Al Arabi” Leadership Development Program underscores this commitment by equipping future leaders from OAB and its strategic partners with advanced managerial and innovation skills. These efforts complement a range of graduate and career-building initiatives designed to attract and empower young Omani professionals across departments.

In parallel, OAB continues to strengthen its role as a key financial enabler across all segments of the economy, doing so from major corporates to SMEs through to entrepreneurs under its Tumouhi program. Tumouhi provides small businesses with access to financing, mentorship, and digital banking tools, reflecting the Bank’s commitment to supporting sustainable growth within Oman’s private sector. The Bank has also partnered with Oman Housing Bank (OHB) to enhance access to affordable housing finance through the national Iskan program, while continuously expanding its lending capabilities to meet the evolving needs of individuals and businesses alike.

On the digital front, Oman Arab Bank remains at the forefront of innovation with the introduction of advanced digital banking solutions, including SoftPOS, a mobile-based payment acceptance tool designed to empower small merchants and promote a cashless ecosystem. The Bank’s growing suite of online and mobile banking platforms ensures secure, seamless access to financial services anytime, anywhere. In alignment with the Sultanate’s broader financial-sector transformation, OAB is also closely supporting national initiatives such as the Domestic Card Scheme: Maal, reinforcing its commitment to digital inclusion and local value creation.

Through these strategic initiatives, Oman Arab Bank reaffirms its dedication to empowering communities, advancing financial innovation, and supporting Oman’s sustainable economic vision. With a focus on people, progress, and partnership, the Bank continues to shape a future built on trust and opportunity.  And by fostering engagement with the press, Oman Arab Bank aims to build greater awareness around its progress and ensure that its initiatives remain aligned with the evolving needs of the financial sector.

 

 

OMAN ARAB BANK SUCCESSFULLY COMPLETES RIGHTS ISSUE, RAISING OMR 50 MILLION

 

27 September 2025: Muscat, Oman:  Oman Arab Bank SAOG (“OAB” or “the Bank”) is pleased to announce the successful completion of its rights issue, through which 333,333,333 new shares were issued. Following this transaction, the Bank’s paid-up capital now stands at OMR 216,941,000, reflecting an increase of OMR 50 million.

 

This milestone reflects the strong confidence and trust of OAB’s shareholders in the Bank’s strategy, financial strength, and future growth prospects. The proceeds from the rights issue will further strengthen the Bank’s capital base, enabling it to accelerate its strategic initiatives, enhance digital capabilities, and continue supporting the economic development of the Sultanate of Oman.

 

Commenting on the achievement, Sulaiman Al Harthi, Chief Executive Officer of Oman Arab Bank, said: “We are deeply grateful to our esteemed shareholders for their unwavering trust and commitment, which have been clearly demonstrated through the successful completion of this rights issue. This capital increase marks an important step in OAB’s growth journey, reinforcing our ability to deliver long-term value to shareholders while driving innovation and supporting Oman’s Vision 2040. At Oman Arab Bank, we remain committed to providing best-in-class financial solutions, enhancing customer experience, and playing an active role in building a stronger and more sustainable economy.”

 

The Bank extends its sincere appreciation to all stakeholders, regulators, and partners for their continued support in the successful completion of this important milestone.

 

Driving Sustainability Forward: OAB Partners with EVO to Launch EV Charging Infrastructure

Muscat. 15 Sep 2025. In a landmark move that reflects its deep-rooted commitment to sustainability and innovation, Oman Arab Bank (OAB) through its strategic partnership with Electrical Vehicle One (EVO), a local specialist in EV solutions has successfully installed its first electric vehicle (EV) charging station at the Elite Center in Azaiba. The initiative marks a key milestone in the Bank’s ongoing efforts to align with Oman Vision 2040 and national goals to promote a greener economy.

The new station is aimed at enhancing the customer and employee experience by providing convenient, on-site charging access for EV owners. It reflects OAB’s forward-thinking approach in supporting clean mobility while anticipating the infrastructure needs of the future.

Mr. Sulaiman Al Harthi, CEO of Oman Arab Bank, stated, “By proactively investing in EV infrastructure, we’re not only contributing to the reduction of carbon emissions but also delivering on our ESG strategy in a very real and measurable way.”

This initiative directly supports environmental stewardship by promoting cleaner transportation alternatives and contributing to the reduction of carbon emissions. It is a tangible step toward advancing the Sultanate’s broader sustainability agenda and reflects OAB’s dedication to playing an active role in national environmental goals.

By providing EV charging facilities at a key center, OAB is enhancing the overall experience for both customers and employees who own electric vehicles. The initiative adds a layer of convenience that aligns with evolving transportation trends and lifestyle preferences. Furthermore, the Bank’s investment in EV charging infrastructure represents a commitment to future-proofing its services. As the automotive landscape shifts toward electrification, OAB is positioning itself as a forward-looking institution prepared to support and lead in the transition to sustainable mobility.

Moving forward, OAB will continue to monitor the utilization of the charging station and evaluate opportunities to expand the initiative to additional branches and centers, reinforcing its role as a responsible corporate citizen and a leader in ESG-driven banking.

 

OAB Celebrates Collaboration and Innovation at Exclusive Partner Gathering in Dhofar

Muscat. 24 August 2025. Oman Arab Bank (OAB) recently hosted an exclusive partner dinner in Salalah, bringing together distinguished guests, business leaders, and community stakeholders to celebrate collaboration and explore new opportunities for growth in the Dhofar region.

The event was held under the auspices of HH Marwan bin Turki Al Said, Governor of Dhofar. It underscored OAB’s commitment to fostering strong, long-term partnerships while reinforcing its role as a driver of innovation and economic empowerment across Oman. Held against the picturesque backdrop of Salalah’s Khareef season, the gathering created a unique platform for networking, dialogue, and the sharing of insights on the evolving needs of customers and communities.

Sulaiman Al Harthi, Chief Executive Officer of Oman Arab Bank, expressed his appreciation for the enduring partnerships that have contributed to OAB’s growth and success. He said, “Salalah holds a special place in our vision for Oman’s future. It is a region full of opportunity and entrepreneurial spirit. Events like these are about more than building business ties but are about building trust and understanding, united henceforth by a shared purpose. Together, we can continue to shape innovative solutions that serve every segment of our society, from individuals and families to businesses large and small.”

Throughout the evening, guests were also introduced to OAB’s latest initiatives, reflecting the Bank’s continuous investment in innovation and customer experience. These include OAB Elite, a bespoke banking segment tailored for high-net-worth clients; Soft POS, a mobile-based payment acceptance solution for small merchants.

“Partnership is the foundation of progress,” added Al Harthi. “By working together, we are able to understand our customers better, adapt to their needs faster, and deliver services that make a real difference in people’s lives. Dhofar is integral to Oman’s development story, and we are committed to being a trusted partner in its continued success.”

The evening concluded with a dinner and networking session, providing attendees the opportunity to strengthen connections and explore new avenues of collaboration.