Bank Dhofar SAOG (MSM:BKDB) submit a non-binding offer to acquire Ahli Bank Q.P.S.C. (DSM:ABQK) on April 10, 2023. Transaction is subject to approval from relevant regulators and respective boards of directors of Bank Dhofar and Ahli Bank. As on April 11, 2023, Ahli Bank's board has rejected the approval.

As of April 26, 2023, Bank Dhofar SAOG made a revised proposal to acquire Ahli Bank Q.P.S.C.