Bank Nizwa SAOG signed OMR 18 million MoU for a shari’a-compliant financing agreement with Oman Food Investment Holding Co. SAOC (OFIC), helping the group to invest in its group companies and new projects and promote its portfolio of food companies.
Driving and building employee relations and engagement, Bank Nizwa celebrated the Holy Month of Ramadan during its annual staff iftar n Muscat.
Providing luxurious houses at affordable prices, Bank Nizwa signed a Memorandum of Understanding (MoU) with Real Estate Service Co. LLC offering their customers at project Tawasul 1 the opportunity to finance their dream homes at a competitive profit rate for property financing.
Bank Nizwa received the Best Islamic Bank in Oman Award from Islamic Finance News (IFN) during a recently held ceremony in Dubai. The prestigious award was received on behalf of the bank by Salim Rashid Al Maharbi, Chief Financial Officer of Bank Nizwa. More than 400 industry leaders from around the world attended the awards event.
As part of Bank Nizwa’s strategy to nurture and promote Omani talent, the Board of Directors of Oman’s first Islamic Bank, has announced the appointment of Salim Rashid Ali Al Maharbi as its Chief Financial Officer.
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