Oman Investment and Finance SAOG (OIFC)

Mubasher: Oman Investment and Finance Company (OIFC) on Thursday announced appointing Nasser Mohammed Al Harthy as chairman after the resignation of Ahmed Hamed Al Subhi. The Muscat-listed company’s profits decreased 14.9% in the first quarter of …

Mubasher: Oman Investment and Finance Company (OIFC) on Sunday posted a 14.9% decline in net profits in the first quarter of 2017, compared to the same quarter in 2016. OIFC achieved a net profit of OMR 1.31 million ($3.4 million) in Q1-17, …

Mubasher: The shareholders of Oman Investment and Finance Company (OIFC) has approved the distribution of cash dividends at 16 baisas per share for last year, according to a bourse filing. The company said in a statement to the Muscat Securities …

Mubasher: Oman Investment and Finance Company (OIFC) on Sunday said it was awarded a contract by Electricity Holding Company to provide a prepaid system and collection services, OIFC said in a statement. The two-year contract is worth OMR 199,000 …

Mubasher: Oman Investment and Finance Company’s (OIFC) ordinary general meeting (OGM) will take place on 28 March to discuss the distribution of dividends for the past year, according to a company statement. The board recommended distributing 16 …

Oman - Mubasher: The board of directors of Oman Investment and Finance Company (OIFC) recommended a cash dividend to shareholders of 16 baisas per share for 2016, according to the company’s statement on Tuesday. The cash distribution represents …

Mubasher: Electricity Holding Company SAOC (Nama Holding) said it awarded to OIFC the Contract for Collection Services on behalf of all electricity distribution companies and the Public Authority for Electricity and Water. The contract duration is …

Mubasher: Oman and Emirates Investment Holding (OEIO) turned profitable in the fourth quarter of 2016, according to a bourse filing. Net profits achieved profits of OMR 21,000 ($54,400) in Q4-16, against losses of OMR 2.07 million ($5.4 million) …

Mubasher: Majan Electricity Company (MEC) has awarded to Oman Investment and Finance (OIFC) the contract for meter reading and bill delivery, bill printing and disconnection/ reconnection services for electricity and water for entire Majan …

Mubasher: Oman Investment and Finance (OIFC) said Monday that it has received the approval of the concerned regulators to increase its stake in Bank Sohar from 15.13 % and up to 17%, according to a bourse filing. The company is capitalised at OMR …

Mubasher: Afaq Al Musana Trading Company, a 60% subsidiary of Oman Investment and Finance Co. (OIFC), has received a non-binding offer from a potential strategic investor to acquire 40 % of its shares. The potential investor is specialized in the …

Mubasher: Oman Investment and Finance Company’s (OIFC) profits for the third quarter of the fiscal year 2016 declined by 54.9% to OMR 930,000 ($2.4 million), versus OMR 2.06 million ($5.33 million) for Q3-15. Net profit for the first nine months …

Mubasher: Oman Investment and Finance Company (OIFC) said Sunday that it has been awarded a tender by Electricity Holding Company for the supply of AMR meters and communication devices. The tender is valued at OMR 205,324, according to a bourse …

Mubasher: Oman Investment and Finance (OIFC) said on Thursday that it has been awarded a contract by the Muscat Electricity Distribution Company for meter reading and bill delivery services for electricity and water for zone 3 in the Muscat …

Mubasher: Wasel Exchange, a wholly owned subsidiary of Oman Investment and Finance (OIFC), decided not to proceed with the proposed acquisition of Musandam Exchange, according to a bourse statement. The decision is taken as an agreement could not …

Mubasher: The preliminary financial results showed a 2.15% increase in Oman Investment and Finance’s (OIFC) profits in the second quarter of 2016, according to a bourse filing on Sunday. The company recorded OMR 1.32 million ($3.39 million) …

Mubasher: Oman Investment and Finance (OIFC) received a notification from Muscat Electricity Distribution Company (MEDC) to extend a contract for metre reading, billing, payment collection (MRBC) and deposit into bank account in the Muscat …

Mubasher: Oman Investment and Finance company’s profit declined in the first quarter of the fiscal year 2016 by 22.6% year-on-year. Net profit reached OMR 1.54 million ($3.99 million) in Q1-16, compared to OMR 1.99 million ($5.16 million) in …

Mubasher: Oman Investment and Finance Company (OIFC) set 28 March for its ordinary general meeting (OGM), according to a bourse filing released on Sunday. The OGM will discuss the distribution of cash dividends at 15% of the company’s capital, …

In compliance with the Disclosure Rules issued by the CMA, the Management of Oman Investment & Finance Co. SAOG is pleased to disclose the initial summarized un-audited consolidated financial results for period ended December 31, 2015.       …

Mubasher: Oman Investment and Finance Company (OIFC) signed an OMR 400,000 agreement on Sunday to buy due debts owed to Ooredoo. OIFC, listed in Muscat’s bourse, expected reasonable profit from the debt collection. Ooredoo clients pay the …

Mubasher: Oman Investment and Finance Company (OIFC) announced Thursday that it acquired 60% of Afaq Al Musana Trading shares for OMR 1.26 million. OIFC said, in a statement, that it expects reasonable revenues from this investment. 

Mubasher: Dhofar International Development and Investment Holding Co. (DIDI) received the approval of the Capital Market Authority (CMA) and the Central Bank of Oman (CBO) to increase its stake in Oman Investment and Finance Co. by 10% from its …

In compliance with the Disclosure Rules issued by the CMA, the Management of Oman Investment & Finance Co. SAOG is pleased to disclose the initial summarized un-audited financial results for the six  months period ended 30th September 2015.     …

Muscat-Mubasher: Oman Investment and Finance reported a 13.3% profit decline to OMR 1.3 million ($3.36 million) in the first quarter ended 30 June 2015, compared to OMR 1.5 million ($3.88 million) in the corresponding period of 2014. Net profits …