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Al-Bayan Magazine
Al-Bayan Magazine
Russia turns to Chinese Microchips for Domestic Bank Cards
Russia is turning to microchip manufactures in China to evade western sanctions which have boosted demand for bank cards linked to the Mir payment system. Western sanctions imposed on Russia over its invasion of Ukraine have cut Moscow off the…
GM and Honda to Build Millions of Small Electric Vehicles under US $ 30 K
The two companies announced on Tuesday that they will team up on electric car development with the goal of selling millions of low-cost electric vehicles. All of the vehicles will rely on a shared battery architecture, but they will be…
Bank Muscat organises Seminar on Marketing for Najahi Customers
The Micro, Small and Medium-sized Enterprises (MSME) sector has been playing an important role in the creation of jobs and driving global economic growth and development. Hence, the sector has received keen support from Bank Muscat, the leading financial services…
Oil drops 2% amid Russia Ukraine Peace Talks
Oil prices ended 2% lower on Tuesday as talks progressed between Russia and Ukraine to end their weeks-long conflict, though Moscow negotiators said a promise to scale down some military operations did not represent a ceasefire.
Ramadan Nights at Hilton Salwa Beach Resort & Villas
This year, Hilton Salwa Beach Resort & Villas is offering a one-of-a-kind opportunity for guests to experience true Ramadan hospitality. With a collection of rooms, villas, Iftar and Suhoor packages, guests can celebrate the essence of the season with friends,…
SCR elected “Best Reinsurer in Africa for the year 2021”
Société Centrale de Réassurance (SCR), a subsidiary of Caisse de Dépôt et de Gestion (CDG), has distinguished itself by the quality of its management and its overall performance and has been awarded the prize “Best Reinsurer in Africa for the…
Dubai’s Biggest IPO in 15 Years Seeks to Raise US $ 2.2 B
Dubai’s main power and water company is looking to raise as much as $2.2 billion in its initial public offering, in what would be the emirate’s biggest listing since DP World in 2007. The Dubai government plans to sell a…
Amazon to open a Site Worth Over US $ 100 M in Turkey
Amazon said on Wednesday it will set up a logistics base in Turkey to meet rising demand, with a more than $100 million investment. It said the facility will create more than 1,000 jobs in its first year, and will…
Bank Muscat AGM elect Board of Directors and Approves 35% Dividend
During the AGM, shareholders of the bank elected by acclamation the board of directors for a three-year term (2022-2025). Shareholders of the Bank also granted their approval for the pay-out of 35% dividend for 2021, including a cash dividend of…
Crypto.com signs on as FIFA Sponsor, extending Push into Sports
FIFA has added Crypto.com as one of the sponsors for this year’s World Cup in Qatar, the latest step in the cryptocurrency exchange’s aggressive push into the world of top sports. “The company will be the exclusive cryptocurrency trading platform…
