Oman

October 23, 2012

Non-OPEC member Oman is increasing its oil output
12:46 GMT

Oman, the biggest Arab oil producer that isn't a member of the Organisation of Petroleum Exporting Countries (Opec), is pumping an average of 915,000 barrels a day of crude in 2012, the Oil Minister has confirmed.

October 17, 2012

Getting your money's worth? Inflation on the rise in Oman
12:13 GMT

Inflation in Oman dropped slightly, to 2.4 per cent, in August, as prices begin to food stabilise and a decline in the prices of personal care items and other services, according to the consumer price index (CPI).

October 16, 2012

Jordan lose 2-1 to Oman in World Cup qualifiers
23:40 GMT

Jordan lost to Oman 2-1 on Tuesday in the fourth round of Asia’s 2014 World Cup qualifiers.

October 8, 2012

Omani police and customs caught the smugglers when inspecting trucks at a check point
10:43 GMT

A gang of oil smugglers have been caught in Oman by customs officers who later found out that the group had altered vehicles to carry fuel derivatives destined for the lucrative black market.

October 4, 2012

New Islamic banks in Oman wil struggle against established competitors, such as HSBC
13:16 GMT

New Islamic banks set up in Oman will struggle initially to compete with established conventional banks offering Sharia-compliant services when the country opens up its banking market, said an international rating agency in a statement

September 27, 2012

Bank Mustcat's ratings have been confirmed by Fitch
09:48 GMT

Fitch Ratings have confirmed Bank Muscat's status, reflecting the high probability of the Omani governments support in the event of a banking crisis.

September 26, 2012

Saving Face from Sharmeen Obaid Chinoy (right) is a story of hope and a fight for justice. It will screen at the Abu Dhabi Film Festival.
14:20 GMT

Abu Dhabi announces their line-up with a guest appearance by Richard Gere.

September 20, 2012

The Saudi King and the Egyptian President have met several times since Morsi's election, as the oil-rich Kingdom offers substantial financial aid packages
09:21 GMT

The oil-rich Saudi Kingdom illustrated it's financial might by supporting post-Arab Spring with financial aid, as other nations in the region also receive substantial packages.

September 19, 2012

Oman listed in the top 20 of economic free nations, according to new report
05:21 GMT

Oman has been ranked among the top 20 most economically free countries in world, according to the 2012 Economic Freedom of the World Report released on Tuesday by the Fraser Institute, a leading Canadian public policy think-tank.

September 18, 2012

Omani Free Zone's exports increasing
12:27 GMT

The total value of exports from Al Mazunah Free Zone exceeded $11 million during the first half of the current calendar, with September seeing significant export movement to Yemen

September 10, 2012

Al Habsi boosts Oman ahead of Ireland clash
16:38 GMT

After the defeat against Fulham FC on Friday, Oman national team were back to training yesterday and the highlight was the presence of Ali Al Habsi, who is back in United Kingdom after spending some time with his newborn baby.

September 9, 2012

Qatar's economy is still leading the way in the Middle East
13:34 GMT

The World Economic Forum listed Oman 32nd, out of 144 countries, in its Global Competitiveness Report. For the Middle East region, unemployment is likely to remain a significant challenge, despite high oil and gas revenues.

September 5, 2012

Oman disqualified after refusing to play against Israel (Picture courtesy of Kooora.com)
13:28 GMT

Oman's team was disqualified from the World University Futsal Championship, held recently in Portugal with support from FIFA, after it failed to turn up for a match against Israel, a top official has confirmed.

Omani Rials
10:10 GMT

The decision to licence the operation of the Islamic banking in the Sultanate has opened up windows of opportunities for the banking sector in Oman, writes Philip Paul, Head of Agency for Cluttons Oman.

August 30, 2012

Cement
14:36 GMT

"Omani cement companies did well in the first half of this year due to increase in cement demand and diversion of UAE exports to other markets,” the report said.