Saleh Thabit Al Awaidy, Chief Operating Officer of Qatar National Bank spoke about his branch operation and performance in 2008. He gave his opinion on the global recession, and the reasons why Oman was spared most of the fallouts. Awaidy started by shedding some light on his branch operation and performance in the last year, saying "We have started our operation in 2008, our head office is in Qatar and it is one of the biggest banks in Qatar.

The Managing Director of Bank of Beirut in the Sultanate of Oman Ramy F. Zambarakji is famed for his vast banking experience in the GCC and as such BUSINESS LIFE magazine was keen on reporting his activities in Oman.

Bank Muscat (BM) matched the asset growth in the banking sector in Oman. Of the aggregate credit in 2008, it captured 40.3% share or RO3,727.7mn and its total assets increased at a CAGR of 31.1% during 2003-2008.

The General Manager and CFO of National Bank of Oman, Humayun Kabir, gave a detailed overview of his bank’s operations, future prospects, paid capital and shareholders. He also spoke about the bank’s main competitors and Kabir gave his opinion regarding the banking sector in Oman and the effectiveness of the Central bank. Then he also answered a question on both the local and foreign competition in the banking market.