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MasterCard Drives Expansion of Contactless Payments in Asia/Pacific, Middle East and online viagra uk Africa

Strong growth of MasterCard PayPassTM in the region marked by a 28% increase in merchant locations

To tweet this release and related images, copy and paste http://bit.ly/Xi9emuto your Twitter handle with the hash tags #PayPass, #contactlesspayments

Dubai, UAE, 10 February 2013 – MasterCard Worldwidehas announced record growth of its contactless payments technology, MasterCard®PayPass™, across the Asia/Pacific, Middle East and Africa (APMEA) region in 2012, citing a 28% (YoY) increase in merchant.


Bank Muscat launches photography competition on Muscat Festival theme

MUSCAT, 9 February 2013 – Shababi, the first youth banking in Oman from Bank Muscat, has launched an exciting photography competition for youth on the theme of Muscat Festival offering attractive cash prizes. The first prize winner will receive RO 500, the second prize winner RO 300 and the third prize winner RO 100.

The competition is open only for Shababi customers and participants are required to email a soft copy of their entry to This e-mail address is being protected from spambots. You need JavaScript enabled to view it mentioning their Shababi account name and number. All entries must be linked to Muscat Festival activities and the photograph size should not exceed 5 mb. Only one unedited photograph per entry will be accepted.


Bank Muscat set to consolidate leading position

MUSCAT, 6 February 2013 — Bank Muscat, the flagship financial services provider in the Sultanate, hosted an investor meet at Muscat Securities Market (MSM) on Wednesday, 6 February, to discuss the bank’s 2012 results and business prospectus for the year 2013. AbdulRazak Ali Issa, Chief Executive, along with senior Management Team, addressed the meeting attended by shareholders, investors, the media and i recommend analysts from brokerage and investment companies.

AbdulRazak Ali Issa said: “Amid the slow global economic recovery, the key business lines of the bank recorded healthy performance on expected lines in 2012. Following 31 years of successful growth, the Sultanate’s flagship bank is poised to further consolidate its leading position. The opportunities identified by the bank include major infrastructure development projects and government focus on economic diversification and tourism development. Every year, over 50,0000 Omanis are entering the workforce and the bank envisages substantial opportunities and sizeable “unbanked market” as 49 per cent of the population is below 25 years..

AbdulRazak Ali Issa said: “The outlook for Oman’s economy in 2013 is positive as the government has announced a 29 per cent increase in spending. Infrastructure projects will continue to give a fillip to the economy in 2013 as part of the 8th Five-Year Plan, which has received a 35 per cent increase in expenditure outlay pegged at RO 58 billion.”


Meethaq launches innovative savings, home finance products

MUSCAT, 5 February 2013 – Meethaq, the pioneer of Islamic banking in Oman from bank muscat, has launched innovative Shari’a compliant savings and home finance products which have evoked good response.

Sulaiman Al Harthy, Group General Manager - Islamic Banking, said: “Meethaq is proud to take the lead in launching a suite of banking products which combine traditional values with modernity and http://www.buzzwinebeershop.com/lowest-prices-for-professional-cialis ensure the choice of staying true to one’s values. Meethaq has adopted the best practices in Islamic banking and finance worldwide to combine a robust model which will protect customers and complement the Islamic banking industry. The Meethaq strategy is to attract customers through innovative Shari’a based products and services. The operations are managed by an experienced team, separate from conventional banking.”

Bank Muscat is the first commercial bank in Oman to receive CBO’s approval and begin independent Islamic banking window operations as per the requirements of Islamic banking regulatory framework of CBO. The bank has invested in staff, systems and controls to ensure the service is delivered in a professional, segregated and fully Shari’a compliant manner. Meethaq delivers products and services to meet all financial needs of customers by ensuring true Partnership, Transparency and Trust.


Bank Muscat to host investor meet at MSM today

MUSCAT, 5 February 2013 — Bank Muscat, the flagship financial services provider in the Sultanate, is hosting an investor meet at Muscat Securities Market (MSM) today (Wednesday 6 February) to discuss the bank’s 2012 results and business prospectus for the year 2013. The meeting to be addressed by senior Management Team is open for shareholders, investors, the media and analysts from brokerage and investment companies.

The bank achieved a net profit of RO 139.2 million for the year ended 31 December 2012 compared to RO 117.5 million reported for the year 2011, an increase of 18.5 per cent. The bank’s operating income grew by 9 per cent with the support of increase in net interest income and http://www.acquapubblicatorino.org/index.php/cialis-blood-thinner/ non-interest income. Increase in loans and advances, lower cost funding and increase in fee income helped the bank to achieve strong operating results.


Bank Muscat opens new branch in Royal Opera House

MUSCAT, 4 February 2013 — Bank Muscat, the flagship financial services provider in the Sultanate, on Monday (4 February) opened a state-of-the-art branch in Royal Opera House. H.E. Eng. Mohsin bin Mohammed Ali Al Shaikh, Advisor, Diwan of the Royal Court, was the guest of honour at the inauguration attended by AbdulRazak Ali Issa, Chief Executive.

H.E. Eng. Mohsin bin Mohammed Ali Al Shaikh congratulated the bank for opening the new branch, thereby providing world class banking services to visitors at the Royal Opera House as well as people residing in the area. He also picked winners of al Mazyona monthly prizes on the occasion.

AbdulRazak Ali Issa said: “The expanding branch network highlights Bank Muscat’s focus to remain the nation’s bank of first choice in all parts of the country. With the widest reach in serving customers and the largest network of 136 branches in the Sultanate, Bank Muscat is committed to meeting customer expectations at all levels.”


Bank Muscat extends attractive baituna finance for Salam Residence

MUSCAT, 3 February 2013 – Bank Muscat, the flagship financial services provider in the Sultanate, and Salam Properties signed a memorandum of understanding (MoU) to provide attractive baituna housing finance for Salam Residence units in Baushar. Abdullah Tamman Al Mashani, AGM – Direct & Institutional Sales, and Aqeel Al Lawati, CEO of Salam Properties, signed the MoU at the bank’s head office


Bank Muscat hosts series of forums with investment expert Jim Rogers

MUSCAT, 2 February – Bank Muscat, the flagship financial services provider in the Sultanate, hosted a series of interactive forums with renowned investment expert Jim Rogers, who shared his insights on the state of world economy and financial markets.

A select group of young Omanis attended a session on ‘Lessons for Life and Investment‘


Better managing, retaining, efficient staff – Keys to success of organizations - KPMG


Albert Fahil

Arabnet and Discover Digitable Arabia with one of their researches has revealed that during the past decade the Middle East and North Africa (MENA) have shown grand 2,500 percent increase of internet users. According to research, 72 million internet users and 100 percent mobile penetration are recorded in the MENA region, which the research predicts to have high percentage of online trading in the coming years. Within this backdrop, Omantel introduced yet another customer service earlier this week with Royal Oman Police. The new service provides mobile users with facilities to know about the details of expiry dates of their vehicle registrations, the status of their visas, traffic violation etc., by sending SMS requesting relevant information.

Proper managing and i recommend retaining the result-oriented staff is one of the five key factors to record high rate in development of any organization according to a KPMG survey. The survey has been done taking into account the details of the relevant factor with more than 3,000 business ventures in Oman. Therefore, organizations should focus on managing and retaining their key figures whose being in the organizations greatly contributes to their development, the survey pointed out. Meanwhile, with a consortium comprising HSBC Oman, DBS Bank, Mizuho Corporate Bank, and Qatar National Bank (QNB), Omani Qatari Telecommunications Company (Nawras) signed a financial agreement for five year term. It is reported that Nawras would use the finance to provide better coverage to its customers increasing speed and the capacity by providing customers with 3G+ capacity, by launching 4G LTE services and with new network facilities.


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