Reaffirming its leadership and distinguished position in the banking sector, Bank Muscat, the leading financial services provider in the Sultanate of Oman, has been recognised with the “Best Performing Companies” Award in the Large-Cap Companies category for the third consecutive year at the 2026 Alam Al Iktisaad Wal A’mal Awards. Organised annually by the magazine, The awards recognise outstanding companies listed on the Muscat Stock Exchange (MSX). The awards ceremony was recently held under the auspices of H.E. Sheikh Dr. Ali bin Masoud Al Sunaidi, Advisor at the Diwan of Royal Court, and attended by a number of officials, CEOs, business leaders, representatives of public joint-stock companies and various private-sector institutions. Osamah Mahmoud Al Abdullatif, Deputy General Manager for Project Finance & International Branches at Bank Muscat, received the award on behalf of the Bank.
The recognition marks another addition to Bank Muscat’s continued achievements and reflects its outstanding performance, leading position in the banking sector, ability to achieve sustainable growth and commitment to creating value for its various stakeholders. The award also demonstrates the success of the Bank’s strategy to develop its business and continue investing across key areas, including digital transformation, innovation, customer experience and human capital development, alongside its active contribution to Oman’s economic and social development.
Commenting on the achievement, Osamah Mahmoud Al Abdullatif, Deputy General Manager for Project Finance & International Branches at Bank Muscat, said: “We are delighted to once again receive this prestigious award, which recognises the strong performance that Bank Muscat continues to deliver and reflects the success of its strategy in consolidating its leadership position in the banking sector. We are proud of this achievement, which is the result of the continuous efforts of our team and the support and trust we receive from our customers, shareholders and partners. We will continue working towards sustainable growth, developing our banking services and solutions, and investing in innovation and digital transformation to further enhance customer experience and create sustainable value across our various products and services.”
Building on more than four decades of experience, Bank Muscat continues to play a pivotal role in the banking sector and the national economy by offering a comprehensive range of banking products and services to individuals, corporates and institutions, alongside digital banking and investment solutions. The Bank also continues to invest in advanced technologies and enhance its digital channels and services to deliver an easier, more efficient and secure banking experience in line with the rapid developments taking place across the financial and banking sector.
Bank Muscat also remains committed to supporting national priorities and strengthening its role as an active partner in Oman’s sustainable development journey. This is achieved through supporting various economic sectors, empowering small and medium enterprises, developing national talent, and implementing programmes and initiatives in the areas of corporate social responsibility and sustainability. The Bank continues to operate with a clear vision focused on creating long-term value for customers, shareholders and the wider community, in alignment with the objectives of Oman Vision 2040.
This recognition adds to Bank Muscat’s extensive record of local, regional and international awards and accolades, reflecting its success across various areas of banking. These include, among others, being named among Forbes Middle East’s Top 30 Most Valuable Companies, as well as receiving the Best Private Bank in Oman award from EMEA Finance and Euromoney, and the Best Brand in Customer Experience – Corporate Banking award from Muscat Media Group.
