October 23, 2012
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
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 lost to Oman 2-1 on Tuesday in the fourth round of Asia’s 2014 World Cup qualifiers.
October 8, 2012
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 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
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
Abu Dhabi announces their line-up with a guest appearance by Richard Gere.
September 20, 2012
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 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
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
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
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'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.
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
"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.