SR.No: 35
Bank Muscat
Sector: Banks & Financial Services
Date of Establishment: 1982
Country: Oman
CEO: Waleed Khamis Al Hashar
Sales: $1.7 billion
Profits: $424 million
Assets: $32.3 billion
Market Value: $3.6 billion
Bank Muscat has branches in Oman, Saudi Arabia and Kuwait, and representative offices in Dubai, Iran, and Singapore. In 2020, it further expanded its network to 173 branches across Oman. The bank donated money to Oman’s Ministry of Health in 2020 to support the fight against the pandemic. In April 2021, it contributed around $2.6 million to help buy COVID-19 vaccines.