Latest news with #JumaAlFulaiti
Mid East Info
15-07-2025
- Business
- Mid East Info
Oman Arab Bank Launches Travel Loan Campaign to Empower Holiday Seekers - Middle East Business News and Information
Muscat. 15 July Arab Bank (OAB) has announced the launch of its highly anticipated Travel Loan Campaign, tailored to help customers embrace the joy of travel—whether within Oman during the picturesque Khareef season in Salalah or abroad for international adventures. The campaign reflects the Bank's ongoing commitment to delivering customer-centric financial solutions that enhance quality of life and offer greater lifestyle flexibility. The Travel Loan offers customers the opportunity to borrow between OMR 1,000 and OMR 5,000 with an attractive interest rate of 4.5%, and flexible repayment terms of up to 12 months. To further reward customers, the campaign includes a two-year annual fee waiver on OAB credit cards for eligible applicants. Special benefits await those heading to Salalah for Khareef, including 20% cashback on fuel spent at Oman Oil and Shell stations during selected weekends in July and August. In addition, customers can access exclusive offers on hotels, dining, cafés, and car rentals in the Dhofar region, making their trip even more enjoyable and cost-effective. International travelers are not left behind. The campaign also includes complimentary travel insurance, offering peace of mind for customers flying abroad, ensuring safety and convenience remain a priority. Mr. Juma Al Fulaiti, Deputy Head of Retail Banking at OAB, commented, 'At OAB, we believe travel is more than leisure—it's an opportunity to connect, explore, and grow. Through this Travel Loan campaign, we're proud to provide financial solutions that allow our customers to experience new destinations without the burden of financial constraints. Whether it's enjoying the lush beauty of Salalah or discovering the world beyond, we want our customers to indulge, while also creating a slew of unforgettable memories with their families and loved ones.' Customers can apply for the Travel Loan conveniently via the OAB Mobile App or by visiting their nearest branch. This initiative is part of OAB's broader strategy to offer flexible, relevant, and rewarding financial products that align with customers' evolving needs and aspirations.
Zawya
15-07-2025
- Business
- Zawya
Oman Arab Bank launches travel loan campaign to empower holiday seekers
Muscat: Oman Arab Bank (OAB) has announced the launch of its highly anticipated Travel Loan Campaign, tailored to help customers embrace the joy of travel—whether within Oman during the picturesque Khareef season in Salalah or abroad for international adventures. The campaign reflects the Bank's ongoing commitment to delivering customer-centric financial solutions that enhance quality of life and offer greater lifestyle flexibility. The Travel Loan offers customers the opportunity to borrow between OMR 1,000 and OMR 5,000 with an attractive interest rate of 4.5%, and flexible repayment terms of up to 12 months. To further reward customers, the campaign includes a two-year annual fee waiver on OAB credit cards for eligible applicants. Special benefits await those heading to Salalah for Khareef, including 20% cashback on fuel spent at Oman Oil and Shell stations during selected weekends in July and August. In addition, customers can access exclusive offers on hotels, dining, cafés, and car rentals in the Dhofar region, making their trip even more enjoyable and cost-effective. International travelers are not left behind. The campaign also includes complimentary travel insurance, offering peace of mind for customers flying abroad, ensuring safety and convenience remain a priority. Mr. Juma Al Fulaiti, Deputy Head of Retail Banking at OAB, commented, 'At OAB, we believe travel is more than leisure—it's an opportunity to connect, explore, and grow. Through this Travel Loan campaign, we're proud to provide financial solutions that allow our customers to experience new destinations without the burden of financial constraints. Whether it's enjoying the lush beauty of Salalah or discovering the world beyond, we want our customers to indulge, while also creating a slew of unforgettable memories with their families and loved ones.' Customers can apply for the Travel Loan conveniently via the OAB Mobile App or by visiting their nearest branch. This initiative is part of OAB's broader strategy to offer flexible, relevant, and rewarding financial products that align with customers' evolving needs and aspirations.
Mid East Info
16-06-2025
- Business
- Mid East Info
Turning Smartphones into Sales Tools: OAB Leads Digital Innovation
Muscat. 16 June 2025. In a bold stride toward digital innovation and financial inclusion, Oman Arab Bank (OAB) has unveiled its cutting-edge Soft POS (Point of Sale) solution, transforming ordinary smartphones into secure, contactless payment terminals. This game-changing product is reshaping how small and medium enterprises (SMEs) in Oman conduct business—streamlining operations, boosting mobility, and reducing overhead. Designed with the needs of entrepreneurs, mobile vendors, and growing SMEs in mind, OAB's Soft POS system eliminates the cost and complexity of traditional POS devices. By simply downloading the 'OAB Mobile Pay' app on any NFC-enabled Android smartphone, merchants can start accepting card payments instantly—no cables, no paper, and no extra equipment. The system supports contactless payments via debit and credit cards, mobile wallets, and smart devices. It also offers digital receipts, real-time inventory management, tax tools, and liquidity tracking—all from the palm of the merchant's hand. Most merchants are up and running within 24 hours of applying. Mr Juma Al Fulaiti, Deputy Head of Retail Banking in Oman Arab Bank, stated, 'Our Soft POS solution reflects OAB's deep commitment to SME empowerment and financial accessibility. We believe in giving businesses the needed digital tools to thrive. So by reducing the barriers to cashless commerce, we're helping Oman's entrepreneurs grow with agility and confidence.' The technology was also on display at the Muscat International Book Fair 2025, where it facilitated a totally cashless experience, showcasing its scalability and ease of use during high-traffic events. As part of its broader digital banking strategy, Oman Arab Bank continues to bridge the gap between innovation and inclusion. And with the Soft POS platform, OAB is not only meeting the market's evolving needs but also enabling a smarter, faster, and more inclusive financial ecosystem, empowering a nation with intuitive solutions that drive forward customers, and enables them to persevere.
Mid East Info
26-03-2025
- Business
- Mid East Info
Oman Arab Bank offers 4% cashback to its credit card holders this Eid - Middle East Business News and Information
Muscat: In celebration of the upcoming Eid al-Fitr, Oman Arab Bank (OAB) is pleased to announce the launch of its special Eid al-Fitr Spend Campaign, designed to reward OAB credit cardholders with 4% cashback for local purchases made during the festive period. The campaign will run from March 29th to April 5th, 2025, and aims to encourage local spending while providing a unique opportunity for OAB customers to earn cashback on their everyday purchases. The campaign is open to all OAB credit cardholders who accumulate a total spend of OMR 500 during the Eid holiday week. To make the reward even more exciting, the first 250 eligible customers who meet the spending requirement will receive 4% cashback on their purchases. The cashback will be credited to their accounts within 30 days following the conclusion of the campaign. Mr Juma Al Fulaiti, Deputy Head of Retail Banking at Oman Arab Bank, commented on the launch of the spending campaign, stating, 'We are excited to offer this special cashback promotion to our valued credit card customers during the festive season of Eid al-Fitr. At OAB, we continuously strive to provide value and enhance our customers' experiences. This campaign not only celebrates the spirit of Eid but also encourages local spending, benefiting both our customers and local businesses. We look forward to seeing our customers take full advantage of this exclusive offer.' OAB is committed to offering its customers innovative products and services that make their banking experience both rewarding and seamless. With this new campaign, the bank hopes to deepen its relationship with cardholders and further reinforce its role in supporting local businesses across Oman.
Zawya
26-03-2025
- Business
- Zawya
Oman Arab Bank offers 4% cashback to its credit card holders this Eid
Muscat. In celebration of the upcoming Eid al-Fitr, Oman Arab Bank (OAB) is pleased to announce the launch of its special Eid al-Fitr Spend Campaign, designed to reward OAB credit cardholders with 4% cashback for local purchases made during the festive period. The campaign will run from March 29th to April 5th, 2025, and aims to encourage local spending while providing a unique opportunity for OAB customers to earn cashback on their everyday purchases. The campaign is open to all OAB credit cardholders who accumulate a total spend of OMR 500 during the Eid holiday week. To make the reward even more exciting, the first 250 eligible customers who meet the spending requirement will receive 4% cashback on their purchases. The cashback will be credited to their accounts within 30 days following the conclusion of the campaign. Mr Juma Al Fulaiti, Deputy Head of Retail Banking at Oman Arab Bank, commented on the launch of the spending campaign, stating, 'We are excited to offer this special cashback promotion to our valued credit card customers during the festive season of Eid al-Fitr. At OAB, we continuously strive to provide value and enhance our customers' experiences. This campaign not only celebrates the spirit of Eid but also encourages local spending, benefiting both our customers and local businesses. We look forward to seeing our customers take full advantage of this exclusive offer.' OAB is committed to offering its customers innovative products and services that make their banking experience both rewarding and seamless. With this new campaign, the bank hopes to deepen its relationship with cardholders and further reinforce its role in supporting local businesses across Oman.
