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 Concludes Successful Tumouhi SME Roadshow in Al Musannah
/in News /by Salma Al SulaimaniOman Arab Bank has successfully concluded the Tumouhi SME Development Roadshow – Musannah Edition, held on 28 and 29 January 2026 at Barcelo Al Musannah, reinforcing its commitment to empowering small and medium enterprises across the Sultanate of Oman. The guest of honor at the event was His Excellency Eng. Masoud Said Al Hashimi, Governor of South Al Batinah. In attendance was also His Excellency Sheikh Ahmed Ali Saud Al Habsi, Wali of Al Musannah.
The two-day workshop brought together SME owners, entrepreneurs, and business professionals for a series of expert-led discussions and practical knowledge-sharing sessions. Participants engaged directly with Oman Arab Bank specialists, gaining insights into key business challenges, growth strategies, and financial solutions tailored to the SME sector.
The Al Musannah edition formed part of the Bank’s ongoing Tumouhi program, which focuses on building long-term partnerships with SMEs by combining financial support with advisory and developmental initiatives. The roadshow provided a platform for open dialogue, enabling entrepreneurs to exchange experiences and explore opportunities aligned with their business goals.
Sulaiman Al Hinai, Chief Wholesale Banking Officer of Oman Arab Bank, commented on the successful conclusion of the event, stating, “The strong engagement we witnessed in Al Musannah reflects the growing demand for practical, value-driven support among SMEs. Tumouhi is designed to create meaningful impact by listening to business owners and responding with solutions that support resilience and sustainable growth. We are proud to see this platform continue to deliver tangible value to the SME community.”
Attendees also had the opportunity to learn more about Oman Arab Bank’s SME-focused offerings and how the Tumouhi program supports businesses at different stages of development. The interactive nature of the sessions encouraged participation and strengthened relationships between the Bank and the local business community.
The successful delivery of the Musannah roadshow underscores Oman Arab Bank’s role as a key enabler of SME growth and its continued contribution to Oman’s economic development agenda. Building on this momentum, the Bank will continue to expand its Tumouhi outreach initiatives across the Sultanate.
Drive Forward This Ramadan with OAB’s Markabati Auto Loan from 2.99% p.a.
/in News /by Salma Al SulaimaniOman Arab Bank has unveiled its Ramadan 2026 Auto Loan campaign, spotlighting its Markabati financing solution with interest rates starting from a competitive 2.99% per annum. Running from 1 February to 31 March 2026, the time-bound promotion is designed to capture heightened consumer demand during the pre and post Ramadan period, offering customers an attractive opportunity to finance their next vehicle with confidence and convenience.
Mr. Juma Al Fulaiti, Deputy Head of Retail Banking at Oman Arab Bank, said, “Ramadan is a time when many customers reassess their priorities and make meaningful lifestyle decisions, and that includes vehicle upgrades. Through our Markabati Auto Loan campaign, we are focused on delivering tangible value with competitive rates, and a flexible structure. Our goal is to make vehicle ownership more accessible, all the while ensuring customers benefit from a service that reflects the trust they place in Oman Arab Bank.”
The campaign primarily targets established professionals seeking to upgrade or purchase premium and mid-range vehicles. At the same time, it extends strong value propositions to mid-income salaried individuals and first-time car buyers looking for flexible financing and transparent terms. By balancing aspirational positioning with practical affordability, the Markabati Auto Loan is structured to meet evolving mobility needs across Oman’s dynamic customer base.
Through this Ramadan initiative, Oman Arab Bank reinforces its commitment to delivering relevant financial solutions that combine competitive pricing with seamless service. By aligning compelling rates with clear communication and multi-platform visibility, the bank continues to strengthen its position as a trusted financing partner for customers ready to take the wheel and move forward.
Oman Arab Bank Expands Digital Payments Ecosystem Through Strategic Collaboration with Genacom
/in News /by Salma Al SulaimaniOman Arab Bank has entered into a strategic collaboration with Genacom Shipping and Delivery, marking an important step in strengthening digital payment acceptance and supporting the evolving needs of Oman’s logistics and delivery sector. Under the agreement, Oman Arab Bank will provide Genacom with a comprehensive suite of payment solutions, including the OAB Payment Gateway, Point of Sale terminals, and Soft POS services. These solutions are designed to enable secure, reliable, and efficient acceptance of electronic payments across multiple channels, supporting both local and international card transactions.
The collaboration reflects Oman Arab Bank’s continued commitment to enabling businesses with advanced financial infrastructure that enhances operational efficiency, improves cash flow management, and delivers a seamless experience for end customers. By adopting OAB’s payment solutions, Genacom will benefit from end-of-day transaction settlement, competitive transaction pricing, and the waiver of one-time and recurring service fees, allowing the company to focus on scaling its operations and service excellence.
Commenting on the partnership, Mr. Juma Al Fulaiti, Deputy Head of Retail Banking in Oman Arab Bank, said, “This collaboration with Genacom underscores our commitment to empowering businesses with dependable and future-ready payment solutions. Oman Arab Bank recognizes the critical role that secure and uninterrupted payment systems play in supporting operational resilience, particularly in fast-growing sectors such as logistics and delivery. Through this partnership, we are proud to support Genacom’s growth journey while contributing to the broader digital transformation of Oman’s economy.”
OAB’s payment gateway and POS solutions are widely recognized in the market for their stability, security, and ability to perform consistently. The bank’s focus on innovation and customer-centric solutions has positioned it as a trusted partner for businesses seeking to modernize their payment infrastructure. The agreement also aligns with Oman Arab Bank’s strategic vision to expand digital banking capabilities and promote cashless transactions across the Sultanate, in line with national economic and digitalization objectives.
By combining Genacom’s operational expertise in shipping and delivery with Oman Arab Bank’s robust payment ecosystem, the partnership is set to create meaningful value for both organizations while enhancing the overall customer experience. This collaboration reinforces Oman Arab Bank’s role as a key enabler of business growth, offering solutions that are secure, efficient, and tailored to the needs of today’s dynamic commercial environment.
A New Platform for SME Growth: Oman Arab Bank Unveils Tumouhi
/in News /by Salma Al SulaimaniA New Platform for SME Growth: Oman Arab Bank Unveils Tumouhi
Muscat. 25 January 2026. Oman Arab Bank has officially launched its new SME growth initiative for 2026 during a press conference held on Sunday, 25 January 2026, marking a significant milestone in the bank’s long-term commitment to empowering small and medium enterprises across the Sultanate. The initiative is positioned as a national growth platform that goes beyond conventional banking support, offering SMEs a structured journey focused on capability building, sustainability, and long-term impact.
Designed to support Oman’s Vision 2040 objectives, the initiative reflects Oman Arab Bank’s strategic role as a partner in economic development. By combining financial solutions with non-financial enablement, the program aims to strengthen SME resilience, improve competitiveness, and contribute meaningfully to private sector growth. The launch event brought together key stakeholders from across the business and institutional ecosystem, reinforcing the collaborative nature of the initiative.
The program will unfold over multiple phases throughout 2026, beginning with a nationwide application and selection campaign to ensure geographic and sector diversity. Selected SMEs will then embark on a structured journey that includes training, mentorship, and incubation elements, covering critical business areas such as finance, business development, marketing, and governance. This approach is designed to address real operational challenges while supporting sustainable growth.
Beyond direct SME engagement, the initiative places strong emphasis on visibility and impact storytelling. Through ongoing content, media engagement, and progress updates, Oman Arab Bank aims to highlight the tangible outcomes of the program and the journeys of participating businesses. This sustained visibility underscores the bank’s belief that meaningful impact is built over time, not through one-off interventions.
The initiative will conclude with a graduation and awards phase later in the year, celebrating SME achievements and setting the foundation for future editions beyond 2026. With this launch, Oman Arab Bank reinforces its position as a long-term SME partner, committed to enabling growth, fostering innovation, and supporting the next generation of Omani businesses through a platform built for lasting value.
OAB Marks the International Day for People with Disabilities at the Village of Happiness Carnival
/in News /by Salma Al SulaimaniMuscat. 13 January 2026. Oman Arab Bank (OAB) proudly participated in the third edition of the Village of Happiness Carnival, held in celebration of the International Day for People with Disabilities at the Civil Aviation Authority. The event was held under the patronage of H.E Dr. Khamis bin Saif Al Jabri and with the gracious presence of H.H Sayyida Hujaija bint Jaiffar Al Said. The event brought together families, organizations, and community members in a shared celebration of inclusion and wellbeing.
The Village of Happiness Carnival continues to serve as an important platform that highlights social integration, and the value of creating supportive environments for people with disabilities. OAB’s participation reflected its ongoing commitment to initiatives that strengthen community bonds and promote equal opportunities across society.
During the two-day carnival, Oman Arab Bank hosted a dedicated booth that welcomed visitors of all ages. The Bank’s interactive booth with its activities became a popular attraction, creating moments of joy and interaction for families and attendees while reinforcing the festive and inclusive spirit of the event.
Commenting on the Bank’s participation, Sulaiman Al Harthi, Chief Executive Officer of Oman Arab Bank, said, “Community engagement and inclusion are core to how we operate as a responsible financial institution. Our participation in the Village of Happiness Carnival reflects our belief that meaningful progress is achieved when communities come together to celebrate diversity through shared experiences. We are proud to support an initiative that places people at its heart and promotes happiness in its truest form.”
OAB’s presence at the carnival forms part of its broader social responsibility efforts, which focus on community wellbeing and sustainable impact. By engaging with initiatives that raise awareness and encourage participation, the Bank aims to contribute positively to national efforts that support people with disabilities and their families.
Oman Arab Bank: the first bank in the Sultanate of Oman to launch the Visa Infinite Privilege Metal Credit Card
/in News /by Salma Al SulaimaniExclusive 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.
Empowering SMEs and Employee Wellbeing: OAB Welcomes Rusayl Diagnostic Center at Head Office
/in News /by Salma Al SulaimaniEmpowering SMEs and Employee Wellbeing: OAB Welcomes Rusayl Diagnostic Center at Head Office
Muscat. 11 October, 2025. Oman Arab Bank (OAB) recently hosted one of its successful SME clients, Rusayl Diagnostic Center (RDC), at the Bank’s Head Office as part of its ongoing efforts to support local businesses and promote employee wellbeing. The one-day activation saw enthusiastic participation from staff members across departments, reflecting OAB’s strong internal culture of engagement and community.
The RDC stall showcased a range of specialized diagnostic and healthcare services available in the Sultanate of Oman, offering OAB employees exclusive discounts and coupons for selected medical examinations and treatments. The initiative aimed to encourage preventive healthcare and promote easy access to quality medical services for employees.
A highlight of the event was RDC’s introduction of a remote examination service, offered exclusively to OAB’s senior management. This unique service enables medical professionals to conduct a variety of diagnostic tests directly in the offices or homes of senior employees, thus bringing healthcare convenience to a new level.
Commenting on the initiative, Mr. Sulaiman Al Harthi, Chief Executive Officer of Oman Arab Bank, said, “At Oman Arab Bank, we believe that our people are our greatest asset. Therefore, their health is at the heart of our culture. Hosting one of our valued SME partners, Rusayl Diagnostic Center, at our Head Office is a testament to our strong commitment, such ones that are embodied in our supporting the growth of local businesses whilst ensuring maintaining our employee’s health and wellbeing. It’s a win-win collaboration that reflects the Bank’s vision for inclusive progress.”
The event drew an impressive turnout, with staff expressing appreciation for the initiative and the value it provided through practical health insights and exclusive offers. OAB’s collaboration with RDC aligns with its SME empowerment strategy, which focuses on fostering long-term partnerships with local enterprises, while also enhancing employee engagement and wellness programs across the organization. Through such initiatives, Oman Arab Bank continues to demonstrate its leadership in building a healthier, more empowered community, within and beyond the workplace.
Oman Arab Bank highlights its ongoing strategic initiatives and future plans.
/in News /by Salma Al SulaimaniOman 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 Celebrates Its Elite Exclusive Clients in an Exceptional Evening Highlighting Partnership and Leadership
/in News /by Salma Al SulaimaniMuscat, 1 Oct, 2025 – In a prestigious evening dedicated to the clients of the Elite Exclusive segment, Oman Arab Bank hosted a special gathering that brought together a select group of its valued clients and strategic partners in an extraordinary setting that embodied excellence and leadership in the banking sector.
This event reflects the Bank’s firm belief that the Elite Exclusive segment is not merely a banking service but a complete experience designed to represent an exceptional lifestyle, one built on mutual trust and a deep commitment to supporting the ambitions and future aspirations of its clients.
In his address during the evening, Mr Sulaiman Al Harthi, CEO of Oman Arab Bank, stated, “The Elite Exclusive segment represents the pinnacle of what we offer in terms of innovation and distinction in the world of banking services. It is not a traditional product but a solid partnership with our elite clients, built on mutual respect and enriched by services and solutions that match their stature and achievements. This evening reflects our profound gratitude to our partners who remain a cornerstone of our success and continued leadership.”
The evening featured presentations showcasing the unique privileges and tailored solutions offered by the Elite Exclusive segment, including bespoke banking services designed to match clients’ aspirations and provide them with an experience that goes beyond conventional banking. The programme reflects a holistic lifestyle enriched with privileges and opportunities.
The event also welcomed the Bank’s strategic partners, foremost among them Visa International, whose partnership with Oman Arab Bank has added exceptional value to the services available to Elite Exclusive clients.
Oman Arab Bank offers a suite of exclusive benefits for Elite Exclusive clients, including high-level personalised service and priority 24/7 access through a direct line or private consultations. Clients also enjoy exclusive privileges such as preferential interest rates, fee waivers, airport lounge access, and invitations to private events, including financial seminars and dinners. In addition, Elite Exclusive clients benefit from tailored financial solutions, including personalised investment and wealth management advisory, priority access to services such as IPOs and private banking, bespoke banking options, a broad range of credit, savings, and investment products, as well as financing options with flexible repayment plans.
OMAN ARAB BANK SUCCESSFULLY COMPLETES RIGHTS ISSUE, RAISING OMR 50 MILLION
/in News /by Salma Al SulaimaniOMAN 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.