Latest news with #JumaAlFulaiti
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.
Mid East Info
19-03-2025
- Automotive
- Mid East Info
Oman Arab Bank Launches Ramadan 2025 Markabati Car Loan Campaign with Flexible Terms and Instant Approvals - Middle East Business News and Information
Muscat – In a move that reflects its commitment to providing innovative financial solutions to its customers, Oman Arab Bank has announced the launch of its special Ramadan Markabati Car Loan campaign. The initiative aims to meet the needs of individuals and families by offering flexible financing terms and competitive interest rates. The digital campaign for the 'Markabati' car loan from Oman Arab Bank started on February 24 and will continue until March 31. The bank offers flexible repayment terms of up to 10 years, helping improve personal financial management and saving time and effort. It also provides customers with the opportunity to obtain financing for purchasing new or used cars with attractive interest rates, reaching some of the lowest rates in the market, contributing to easing the financial burden on customers during the holy month of Ramadan. The campaign also targets customers with existing car loans by offering easy refinancing options to help reduce interest costs and improve loan terms. Commenting on the campaign, Mr Juma Al Fulaiti, Deputy Head of Retail Banking at Oman Arab Bank, stated: 'We are committed to meeting the needs of our customers by providing innovative and accessible financing solutions. With the spirit of Ramadan in mind, this campaign offers individuals and families the opportunity to purchase or upgrade their vehicles or even refinance their current loans under improved terms.' The campaign targets individuals aged 21 to 65, including young professionals, first-time car buyers, and families looking to upgrade their vehicles. The bank is also focusing on customers who wish to refinance their current car loans to benefit from better interest rates and reduced financial burdens. Oman Arab Bank's Ramadan Markabati Car Loan offer will be available from February 24 to March 31, allowing customers to take advantage of these competitive offers and enhance their financial experience. This year's Ramadan car loan campaign highlights Oman Arab Bank's continued commitment to empowering customers with the right financial decisions, providing them with tailored financial solutions that meet their aspirations. It also reinforces the bank's dedication to offering the best facilities and products in the banking sector. About Oman Arab Bank: Oman Arab Bank is one of the first banks to begin operations in the Sultanate, boasting a long history of achievements. Today, the bank operates a wide network of 65 branches and representative offices, along with an extensive network of 152 ATMs across the Sultanate. Oman Arab Bank provides a comprehensive range of banking products and services to its retail, corporate, and investment clients.
Yahoo
17-02-2025
- Business
- Yahoo
Takaful Oman Insurance, Oman Arab Bank seal bancassurance deal
Takaful Oman Insurance has entered a bancassurance partnership with Oman Arab Bank, according to a press release posted on Zawya. The alliance is set to be effective in the first quarter of 2025 (Q1 2025), with plans to introduce insurance products tailored to both individual and corporate clients. It will allow Oman Arab Bank customers to access Takaful Oman's insurance offerings through the bank's branches and digital platforms. This collaboration aims to improve customer access to integrated financial solutions by using the resources and expertise of both organisations. Takaful Oman Insurance CEO Neelmani Bhardwaj stated: 'This partnership with Oman Arab Bank reflects our shared commitment to serving the community with exceptional financial and insurance solutions. We aim to provide Oman Arab Bank's customers with products that align with their values while ensuring peace of mind and security for their families and businesses. Together, we aim to build a stronger, more inclusive financial ecosystem.' Oman Arab Bank retail banking deputy head Juma Al Fulaiti said: 'At Oman Arab Bank, we offer comprehensive financial solutions that empower our customers and contribute to Oman's economic progress. This partnership with Takaful Oman Insurance is a testament to our shared commitment to innovation, quality and customer-centric services.' Oman Arab Bank was set up in 1984 after acquiring all Arab Bank branches in the sultanate. In 2020, the bank acquired Alizz Islamic Bank (AIB) and merged its Islamic banking services with AIB. The same year, it became a publicly listed company on the Muscat Stock Exchange. Takaful provides a range of insurance products through multiple distribution channels, including crop, engineering, fire, health, liability, marine, motor and personal accident insurance. "Takaful Oman Insurance, Oman Arab Bank seal bancassurance deal " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
