He said Oman’s banking sector expected to see profits expand 10 per cent in 2015, in line with growth last year; loan growth might be 10-12 per cent, compared to 11 per cent in 2014.
March 02, 2015 - 21:26 GMT
Oman plans to make its first sovereign issue of Islamic bonds, a OMR200 million ($520 million) issue, by mid-2015 to help finance a budget deficit caused by the plunge of oil prices,
Marcel Khalife lauds the Royal Opera House Muscat as one of the most beautiful places in the world. (Image: Twitter)
March 02, 2015 - 10:21 GMT
The oud-playing Lebanese performer is in Muscat ready to play his best pieces with the Royal Oman Symphony Orchestra this week.
Carmen Suleiman gives a thumbs up to Muscat. (Image: Facebook)
February 25, 2015 - 18:32 GMT
She's been making a name for herself after winning the first season of Arab Idol, and now Carmen Suleiman and Bollywood singing sensation Shankar-Ehsaan-Loy will help Oredoo celebrate 10 years in the biz with a concert.
Fatma al Nabhani
February 16, 2015 - 13:54 GMT
Oman's top player Fatma al Nabhani recorded one of the biggest wins of her career when she paired up with Mona Barthel of Germany to advance to the second round of the Dubai Tennis Championships in UAE on Sunday.
The Muscat Festival is going down in Oman right now. (Image: Twitter)
February 16, 2015 - 10:50 GMT
More than 1,200 attendees representing 60 different countries were entertained by the wide span of activities available at this year's Muscat Festival.
OIC has operations across UAE, as well as in Oman, Qatar and a subsidiary in Turkey
February 12, 2015 - 06:17 GMT
Oman Insurance Co (OIC) is the first insurance company in the UAE to cross the AED3bn mark as gross written premium grew by 11.3 per cent in 2014 to reach AED3.25bn.
Oman will start work on an ambitious new railway project between Buraimi and Sohar.
February 10, 2015 - 11:08 GMT
Oman will start work on the first line of its ambitious railway project connecting Buraimi to Sohar and also award contracts for key road projects as part of its plans to boost the sultanate's transport sector.
Rumour band ready to rock it in Muscat. (Image: Times of Oman)
February 03, 2015 - 10:40 GMT
It's gonna be happenin' gig with both a local and a global band performing on February 5 at the Oman Automobile Association grounds.
Oman Ministry of Housing has signed three agreements which will help boost aquaculture production in the country from 353 tons (2013) to 7,330 tons annually.
January 28, 2015 - 11:59 GMT
Oman Ministry of Housing has signed three agreements which will help boost aquaculture production in the country from 353 tons (2013) to 7,330 tons annually.
Umm Kulthum was and still is one of the Arab world's timeless musical icons. (Image:
January 25, 2015 - 08:16 GMT
Timeless musical icon Umm Kulthum was honored with a performance by Rehab Omar during the Muscat Chamber Music Series.
Paul Le Guen
January 21, 2015 - 14:15 GMT
Oman coach Paul Le Guen was fined US$1,000 by the Asian Football Confederation (AFC) on Monday for his failure to attend a post-match interview after Oman's concluding game in the Asian Cup against Kuwait on Saturday.