Wednesday 21, March 2012 by Robin Amlôt

BankMuscat to spend $389.6 million opening window

BankMuscat has earmarked OMR 150 million ($389.6 million) in capital for its proposed Meethaq Islamic banking window. Final allocation will be determined by market requirements and the bank may increase the assigned amount if required.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more