MUSCAT: Oman’s second largest lender by assets, Bank of Dhofar has approved OMR45 million ($116.9 million) rights issue.
The rights issue would be in addition to the planned Tier 1 bond of $300 million, which shareholders have already approved, it said in a bourse statement.
KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...
Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...
Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...
More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...
