Banks, positive sentiment lift MSM30
The MSM30 index ended Sunday's session slightly higher, by 0.17 per cent, to close at 6,821.04, supported mainly by some banks, Renaissance and Oman Cables Industry.
Bank Nizwa total assets RO 196m
Total assets of Bank Nizwa, the Sultanate's first Islamic Bank, amounted to RO 195.997 million as of December 31, 2013, the shari'a-compliant lender announced at its first Annual General Assembly meeting held last week.
PPP key to Africa infrastructure woe
The private sector is in a solid position to fill the continent’s funding gap, but regulatory and capital market reform is needed.