
NBO Named Best Bank for Digital Banking Services in Oman 2024 - Middle East Business News and Information
Aligned with Oman Vision 2040, NBO has launched NBO Fintech Accelerator Programme and NBO Hackathon to support Oman's economic growth, innovation, and economic diversification by nurturing start-ups and promoting sustainable business growth. The programme fosters the fintech sector, reduces reliance on traditional industries, and stimulates entrepreneurship through resources, mentorship, and financing. It also generates job opportunities and positions the region as a hub for innovation and technology, attracting foreign investment.
As a pioneer in digital banking, NBO remains committed to evolving its services to meet customer needs and fostering Oman's tech and entrepreneurial landscape. Comprehensive details on NBO's accounts, products, and exclusive offers are accessible at http://www.nbo.om, directly through the NBO Call Centre at 24770000, or via the user-friendly NBO app.
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Mid East Info
4 hours ago
- Mid East Info
NBO Introduces Shell Fuel Vouchers for Infinite Credit Card Customers - Middle East Business News and Information - mid-east.info
04 August 2025, Muscat: The National Bank of Oman (NBO) has launched an exclusive reward for Infinite Credit Card holders, further enhancing the appeal of its premium offering. Under this feature, cardholders who spend OMR 1,500 or more in a calendar month on point-of-sale and e-commerce transactions will receive a Shell V-Power e-voucher worth OMR 10. Customers can redeem the voucher through the Shell Asia App and enjoy complimentary V-Power fuel at Shell stations across Oman. Valid for three months from the date of issuance, the vouchers are designed to offer flexibility and convenience. Faisal Al Wahaibi, General Manager & Chief Retail & Digital Banking Officer, said, 'At NBO, our approach to innovation is driven by a deep understanding of our customers' evolving lifestyles. With the Infinite Credit Card, we aim to offer more than financial utility; we create everyday moments of convenience, recognition and ease. This collaboration with Shell is part of our broader strategy to transform banking into a more personalised, experience-led journey. By aligning with trusted partners, we continue to deliver meaningful enhancements that resonate with the needs of our most valued clients.' Suresh Nair, General Manager, Mobility & Convenience at Shell Oman added, 'Shell Oman is committed to building and growing meaningful partnerships that ensure the best for our customers. This initiative with NBO enables us to directly engage with cardholders through a platform they already trust and continue rewarding them in ways that are relevant and impactful with the best fuel we have to offer. We believe innovation is not only about technology but about creating shared value that add value to people's lives. This collaboration reflects that mindset.' This partnership with Shell Oman strengthens NBO's portfolio of lifestyle-led features tailored to premium cardholders. As part of its ongoing digital strategy, the bank continues to enhance everyday banking by embedding practical, high-impact experiences through well-matched partnerships.


Daily News Egypt
19 hours ago
- Daily News Egypt
Modi urges ‘buy local' as India defies US over Russian oil
Indian Prime Minister Narendra Modi has urged his citizens to buy locally-made goods in the face of threats from US President Donald Trump to impose tariffs, as New Delhi affirmed it would continue to purchase Russian oil. 'The global economy is going through many concerns, there is an atmosphere of instability,' Modi said at a rally in the northern state of Uttar Pradesh on Saturday. 'Now, whatever we buy, there should be only one measure: we will buy things that are made with the sweat of an Indian,' he added, stressing the importance of protecting India's economic interests amid unstable global conditions. The remarks came just days after the Trump administration imposed 25% tariffs on some Indian exports to the United States. The White House has also threatened further action if India continues to buy Russian oil. Sources familiar with the matter told Bloomberg that Modi's government has not instructed Indian oil refineries to stop purchasing Russian oil, and no decision has been made to halt the purchases. Both state-run and private refineries are permitted to buy from preferred sources, with the decision to purchase crude oil remaining a commercial one. India a key Trump target India has become one of Trump's main targets in his effort to pressure Russian President Vladimir Putin to end the war in Ukraine. Last week, the US president criticised India for joining the BRICS group of developing nations and maintaining close ties with Russia, saying: 'Together they can bring down their floundering economies.' The rebuke marked a significant shift in the US tone. For years, Washington had largely overlooked India's historically close ties with Russia as it sought to court New Delhi as a counterweight to China in Asia. Trump now appears ready to reverse that strategy to gain leverage against Putin. A senior adviser to Donald Trump, Stephen Miller, accused India of effectively financing the Russian war in Ukraine by purchasing oil from Moscow. Miller, Trump's deputy chief of staff, also accused India of imposing 'huge' tariffs on American goods and 'cheating' the US immigration system, in addition to buying nearly as much Russian oil as China. 'President Trump wants a strong relationship, and he has always had a strong relationship with India and its prime minister. But we need to be realistic about dealing with the financing of this war,' Miller said in press remarks on Sunday. 'So, for President Trump, all options are on the table to deal diplomatically, financially and politically with the ongoing war in Ukraine, so that we can achieve peace,' Miller added. Trump told reporters last week he had 'heard' that India would stop buying oil from Russia, calling it 'a good step'. Bloomberg reported last week that Indian refineries had been asked to devise plans to procure non-Russian crude, thoughone source said the instruction was for 'scenario planning in case the crude is unavailable'. The New York Times also reported on Saturday that India would continue to buy Russian crude despite Trump's threat of sanctions. US and European criticism Indian refineries have faced criticism from the European Union and the United States for supporting Moscow through oil purchases during the Ukraine war. India has become the world's largest buyer of Russia's seaborne crude oil exports, taking advantage of discounted barrels and increasing its purchases from almost zero to about a third of its imports. While China is Russia's main economic and diplomatic backer, Trump's leverage over the world's second-largest economy is limited by Beijing's control over rare earth metals needed by the US for high-tech goods. The US and China have held talks in recent months aimed at stabilising the relationship after both raised tariffs on each other's goods to over 100% earlier this year. India has defended its relationship with Russia, one of its largest arms suppliers since the Cold War. Foreign ministry spokesperson Randhir Jaiswal said on Friday that the two countries have an 'established and stable partnership'. 'Our bilateral relations with various countries are stand-alone and should not be viewed from the perspective of a third country,' Jaiswal said. When asked about relations with the US, he added that he was 'confident that this relationship will continue to evolve'. An official in New Delhi said India expects US trade negotiators to visit the country before the end of this month to continue talks on a bilateral agreement. The official stressed that India would hold its position and not grant the US access to its dairy and agriculture sectors, citing political and religious sensitivities.


Economic Key
3 days ago
- Economic Key
Future Real Estate Expo Announces Two New Editions in Saudi Arabia for September and December 2025
Egypt Gulf Company announced its plan to launch two new editions of Future Real Estate Expo, next September and December in the Kingdom of Saudi Arabia, with the participation of more than 45 of Egypt's major real estate development companies, showcasing over 300 projects. Eng. Sameh Fathy, Egypt Gulf Chairman, -the organizer of the exhibition- stated that the company aims to provide a distinguished platform through the exhibition that brings leading real estate developers together to highlight the latest real estate projects in the Egyptian real estate market and provide promising investment opportunities for the public and investors in the Kingdom. He added that organizing the exhibition in Saudi Arabia came in response to the growing demand for Egyptian real estate projects in the region, pointing that these new editions of the exhibition will provide several surprises and a wide variety of offerings and services, expecting that the exhibition will witness a large turnout of visitors and investors, amid growing interest in real estate ownership and investment in Egypt. He showed that the first exhibition will be held in Al Khobar city, from 25 to 27 th September, which is regarded as the largest presence of Egyptian real estate in this region, and the company aims to expand its presence in the Eastern Province with a wide-ranging expansion plan, besides the second exhibition will be held in Riyadh from 4 to 6th December. He pointed that the company has developed a comprehensive and robust marketing plan to enhance the success chances for the two new editions, as the company targets Egyptians working in the northern region of the Kingdom of Saudi Arabia, as well as foreign investors of other nationalities who are interested in purchasing real estate in Egypt, thus the company keens to bring together the largest number of serious companies and distinguished projects for the two upcoming exhibitions. He noted that the company managed to achieve strong success in the exhibition's previous editions, which were held in December and February in Riyadh and Jeddah in Saudi Arabia, and the company achieved sales exceeding EGP 4.7 billion for third parties, selling to six non-Egyptian nationalities, and attracting more than 13,000 visitors, which reflects the company's strong success in organizing external exhibitions. Mohamed Fathy, Egypt Gulf Marketing Consultant, assured that the upcoming two editions were planned with a high strategic level across all aspects, to attract the largest number of clients interested in Egyptian real estate, besides this strategy also included greater cooperation among the Egyptian community in Saudi Arabia, as well as collaboration with all Egyptian brands present in the Kingdom to provide the best investment opportunities for both participating developers and visitors interested in Egyptian real estate. He added that the company has adopted a different slogan for these new editions, which was 'Egypt is Home,' which focuses on the concept of belonging and Egyptian identity, preserving the relationship between Egyptian expatriates qnd their home country, and purchasing a property there to use during vacation and settle in after retiring from work abroad. تم نسخ الرابط