Bank Muscat’s Meethaq and Hydrocarbon Finder, have signed an Islamic project financing facility for the development of oil and gas fields in Block 7 of Oman operated by HCF.
Al Khonji Real Estate and Development (Aqar) has handed over office units within The Office building to the owners and they have shown full satisfaction with the quality of construction.
US Fed Meeting
Federal Reserve policymakers fretted on Friday that they could face the next US recession with virtually the same arsenal of policies used in the last downturn and, with interest rates still relatively low.
Latvian lender ABLV Bank is failing or likely to fail and will be wound up as saving it is not in the public interest, the European Union’s Single Resolution Board and the European Central Bank (ECB) said separately on Saturday.
China Home Prices
China’s new home prices grew in January although major cities saw early signs of softening, as the government continued its efforts to rein in speculative demand to fend off bubble risk.
Bank Muscat’s Meethaq to finance Hydrocarbon Finder