Oman Arab Bank: From Initiatives to Empowerment: A National Award That Embodies a Deep Commitment to Community

Muscat, 2 August 2025. Oman Arab Bank has proudly received the “Organization with Best CSR Practices” award at the Oman Leadership Awards 2025, presented by CMO Asia, in a ceremony that celebrated organizations making a significant and sustainable impact on society and the national economy.

This national recognition is more than a symbol of excellence—it is a powerful reflection of the Bank’s long-standing journey of purpose, where community impact has been woven into its core strategy. Rather than viewing CSR as a separate requirement, Oman Arab Bank has fully embraced it as a pillar of its identity and growth.

The Oman Leadership Awards honor institutions that embody the philosophy of “Making a Real Difference” through integrity, purpose, and sustainable practices. Oman Arab Bank stood out after rigorous evaluation by a distinguished panel of judges from diverse disciplines.

Commenting on the award, Mr. Sulaiman Al Harthi, CEO of Oman Arab Bank, stated:
“We are honored to receive this recognition, which is not just an award, it’s a demonstration to our core mission. At Oman Arab Bank, CSR is not an initiative. It’s a responsibility rooted in who we are and what we stand for.”

Ms. Dalal Al Rahma, Acting Head of Corporate Communications at OAB, said:

“This award is not just a milestone; it is a mirror that exemplifies our collective heartbeat as a responsible and sound institution. Every campaign we launch, every partnership we build, is rooted in empathy and impact. We listen, we learn, and we lead with purpose. Therefore, I believe that is how real change begins, and, eventually, how trust is earned.”

What set OAB apart was its strong integration of ethical values into everyday operations, along with its commitment to transparency and accountability. The Bank’s proactive communication and collaboration with stakeholders ensure that its initiatives are inclusive, measurable, and aligned with national goals such as Oman Vision 2040. With this recognition, Oman Arab Bank reinforces its role as a changemaker in the financial sector, one that leads not just with numbers, but with purpose and integrity.

Oman Arab Bank Launches Travel Loan Campaign to Empower Holiday Seekers
Muscat. 15 June 2025.Oman Arab Bank (OAB) has announced the launch of its highly anticipated Travel Loan Campaign, tailored to help customers embrace the joy of travel—whether within Oman during the picturesque Khareef season in Salalah or abroad for international adventures. The campaign reflects the Bank’s ongoing commitment to delivering customer-centric financial solutions that enhance quality of life and offer greater lifestyle flexibility.

The Travel Loan offers customers the opportunity to borrow between OMR 1,000 and OMR 5,000 with an attractive interest rate of 4.5%, and flexible repayment terms of up to 12 months. To further reward customers, the campaign includes a two-year annual fee waiver on OAB credit cards for eligible applicants.

Special benefits await those heading to Salalah for Khareef, including 20% cashback on fuel spent at Oman Oil and Shell stations during selected weekends in July and August. In addition, customers can access exclusive offers on hotels, dining, cafés, and car rentals in the Dhofar region, making their trip even more enjoyable and cost-effective. International travelers are not left behind. The campaign also includes complimentary travel insurance, offering peace of mind for customers flying abroad, ensuring safety and convenience remain a priority.

Mr. Juma Al Fulaiti, Deputy Head of Retail Banking at OAB, commented, “At OAB, we believe travel is more than leisure—it’s an opportunity to connect, explore, and grow. Through this Travel Loan campaign, we’re proud to provide financial solutions that allow our customers to experience new destinations without the burden of financial constraints. Whether it’s enjoying the lush beauty of Salalah or discovering the world beyond, we want our customers to indulge, while also creating a slew of unforgettable memories with their families and loved ones.”

Customers can apply for the Travel Loan conveniently via the OAB Mobile App or by visiting their nearest branch. This initiative is part of OAB’s broader strategy to offer flexible, relevant, and rewarding financial products that align with customers’ evolving needs and aspirations.

Oman Arab Bank Announces Increase of Authorised Capital to OMR 500 Million and Paid‑In Capital Boost of OMR 50 Million

Muscat, Oman – 24 June 2025 – Oman Arab Bank (“the Bank”), one of Oman’s leading financial institutions, announced that its Board of Directors has invited its shareholders to approve an increase in the Bank’s authorised capital from OMR 200 million to OMR 500 million. In addition, the Bank will raise its paid‑in capital by OMR 50 million through a rights issue to be underwritten by the Bank’s shareholders.

This capital enhancement, which remains subject to regulatory approval, will further strengthen the Bank’s capital adequacy ratios, support accelerated growth in retail and corporate lending, and provide a robust platform for continued digital‑banking innovation.

Sulaiman Al Harthi, Chief Executive Officer of Oman Arab Bank, stated, “The proposed increase in authorized and paid-up capital highlights our strong foundations as a brand. With a larger capital base, we can expand our credit to vital economic sectors, invest in the next generation of digital services, and deliver long-term, sustainable value to all stakeholders. This will pave the way for strengthening the bank’s balance sheet, strengthening its Tier 1 capital ratio, and providing the necessary flexibility to weather economic fluctuations.”

The paid‑in capital increase will be executed via a rights issue. Existing shareholders of record as of the book‑closure date (to be announced) will be entitled to subscribe on a pro‑rata basis. The authorised‑capital increase will give the Bank flexibility to undertake additional equity issuances in the future as market opportunities arise, while remaining within prudential limits.

About Oman Arab Bank

Founded in 1973, Oman Arab Bank provide commercial and Islamic banking activities, through its wholly owned subsidiary Alizz Islamic Bank, through 50 branches, 24/7 digital channels, and a network of correspondent banks.

Forward‑Looking Statements

This press release may contain forward‑looking statements. Actual results may differ materially from those expressed or implied. The Bank undertakes no obligation to update forward‑looking statements except as required by law.

Investor Contacts

Investor Relations: +968 24754334 • Investor.Relations@oman-arabbank.com

OAB’s Tumouhi Initiative Hits the Road with SME Development Workshops Across Oman

Muscat. Oman Arab Bank (OAB) has announced the launch of its SME Development Training Roadshow, a dynamic two-day program set to take place in Nizwa from June 17 to 18 under the patronage of H.E. Sheikh Dr. Faisal bin Ali bin Rashid Al Zidi; Wali of Manah. Held under the umbrella of the Bank’s Tumouhi initiative, the roadshow is tailored to equip small and medium enterprise (SME) owners with essential business skills, financial knowledge, and networking opportunities to fuel their growth. Most notably, this is the third workshop after the Muscat and Sohar events, with the bank’s aim to continue to cover all regions in the Sultanate of Oman.

The workshop  will be hosted at the Oman Chamber of Commerce and Industry Hall in Nizwa and is open to SME owners and aspiring entrepreneurs across the Sultanate. With a comprehensive agenda covering financial literacy, strategic planning, human resources, and marketing, participants will gain hands-on insights to help scale their ventures.

Commenting on the initiative, Sulaiman Al Harthi, CEO of Oman Arab Bank, said,
“At Oman Arab Bank, we believe SMEs are the backbone of our economy. Through the Tumouhi initiative, we are committed to empowering entrepreneurs with the skills and tools they need to thrive. The roadshow ascends being a mere training program. Truly, it is a platform for inspiration, connection, and sustainable growth.”

The Tumouhi SME Roadshow reflects OAB’s broader commitment to national economic development through targeted support for small businesses. The initiative also aligns with Oman Vision 2040 by fostering a resilient private sector powered by innovation, inclusion, and enterprise. Interested participants can register via the official OAB website. Seats are limited and early registration is encouraged.

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Oman Arab Bank Launches “Eidiyah” Cashback Campaign to Celebrate Eid Al-Adha with Customers

Muscat, Oman. 3 June 2025. In the spirit of Eid Al-Adha, Oman Arab Bank (OAB) has announced the launch of its festive cashback initiative, “Eidiyah from OAB”, designed to reward customers during one of the most joyful times of the year. This limited-time campaign offers credit cardholders a chance to win back OMR 20 when they spend OMR 200 or more from June 1 to June 5, 2025.

The promotion is open to all OAB Visa Infinite, Platinum, Gold, and Classic credit cardholders and includes both local and international retail transactions. The first 250 eligible customers to meet the spend threshold will receive OMR 20 cashback, bringing a festive boost to their holiday spending.

Mr.  Juma al Fulaiti, Deputy Head of Retail Banking at Oman Arab Bank, stated, “Eid is a time of generosity, connection, and celebration. We wanted to extend that spirit to our customers by giving something meaningful in return. With ‘Eidiyah from OAB,’ we’re not only honouring tradition but also deepening our relationship with our cardholders by rewarding them in a simple and impactful way.”

Unlike traditional giveaways or raffles, the campaign follows a first-come, first-rewarded model. No registration is required—customers simply need to use their OAB Visa credit cards to make qualifying purchases across a wide range of categories, including grocery, fashion, dining and gifts,. The cashback will be credited directly to eligible customers’ card accounts within 30 days after the campaign ends. It is worth noting that Apple Pay and Samsung Pay transactions are excluded from the promotion.

Whether it’s providing added value during special moments or simplifying everyday banking, OAB continues to shape its services around what matters most to its customers. Additionally, this campaign is one of several seasonal initiatives by Oman Arab Bank aimed at enhancing customer engagement through tailored rewards and exclusive benefits. It reflects OAB’s broader commitment to delivering not only financial products, but also meaningful experiences that resonate with customers across Oman.