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FINANCIAL NEWS
Omani firms to post 6pct growth in profit
06 Oct 2016
(MENAFN) Major Omani firms are predicted to record an increase in both net earnings and revenue for the Jan-Sep period of this year.
Moreover, net earnings of the firms are expected to achieve an increase of 6.4 percent at OMR544.18mn amid the cited period of this year.
Accordingly, the combined revenue of 30 companies for the cited period could be at OMR3.06bn, recording year-on-year growth of 5.9 percent.
In addition, most of the listed firms accounted for 12 percent corporate tax rate, with the Royal Decree pending with respect to the change in taxation.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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