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FINANCIAL NEWS
OUIC to launch public offering in 2014
24 Oct 2013
(MENAFN) Oman United Insurance Company (OUIC) plans to launch initial public offering (IPO) for Takaful in 2014, according to Oman Observer.
The Capital Market Authority has approved the launch plans to the company, according to Sayyid bin Salim al Busaidi, Managing Director of Oman United.
Al Busaidi said: “The company has a bright future and will be of great value proposition for the investors in the market.”
The new takaful company will deliver high quality products that rely on clients’ needs.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
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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