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The carrier said it has a team of experts working with stakeholders and creditors to protect its investment and business interests. (File/Photo)

June 22nd, 2018 - 10:00 GMT

Air Arabia Drops After Flagging $336 Million Exposure to Abraaj

Air Arabia PJSC fell in Dubai after the airline disclosed exposure of $336 million to funds managed by Abraaj Group, the private equity firm that’s being restructured.

Year-on-year credit growth was as high as 19.4 per cent in the first half of 2012, which market experts expect to stay in the single digits this year.

August 4th, 2013 - 12:52 GMT

Regulatory restrictions lead to decline in retail loans in Oman

The oil marketing companies are also expected to continue their track record of high dividend payouts as their balance sheets and cash positions stay strong

July 30th, 2013 - 05:41 GMT

Omani oil marketing firms' in 3% sales rise

Bank Muscat are underwriting Alizz Islamic bank, proving the success of the Islamic banking model

September 16th, 2012 - 12:09 GMT

united securities latest

Air Arabia Drops After Flagging $336 Million Exposure to Abraaj

Regulatory restrictions lead to decline in retail loans in Oman

Omani oil marketing firms' in 3% sales rise

Further proof of the success of Islamic banking: Alizz Bank to launch IPO