There are tax implications, so drawing from the right accounts at the right time matters. But knowing how much a retiree can spend each year without running out of savings in old age is even more ...

Oman Arab Bank (OAB) marked the culmination of its 2016 Hassad Savings Scheme draw by distributing more than OMR 212,000 to 13 lucky winners as part of its mega, Elite, and monthly draws.