Oman

September 4, 2013

Sharia-compliant properties have a specific market, mainly in the GCC region.
12:00 GMT

The Sultanate's first Sharia-compliant 'alcohol-free' five-star hotel, Muscat Grand Millennium Hotel, will open for guests next year.

September 3, 2013

Sami Yusuf sings his heart out (Image: Courtesy of Times of Oman)
07:13 GMT

In a performance that can only described as epic, British singer-songwriter Sami Yusuf wowed the whole crowd in Muscat last Friday night.

August 28, 2013

Sultan Qaboos Bin Said of Oman (Getty)
12:08 GMT

On the sidelines of the visit, the governments of the Sultanate and Iran signed a number of agreements of co-operation in the fields of oil and gas.

August 22, 2013

Oman has two full-fledged Islamic banks, Bank Nizwa and Al Izz Islamic Bank, as well as several Islamic windows from conventional lenders.
16:01 GMT

ODB, which had a net loan portfolio of 100 million rials ($260 million) as of August 2012, already offers interest-free loans of up to 5,000 rials but they are technically not sharia-compliant.

August 17, 2013

Oman to play EPL teams next month
13:03 GMT

The Oman Football Association (OFA) has announced two new fixtures as part of their ...

August 13, 2013

Royal House Muscat is drawing the attention of the world.
09:41 GMT

Magnificent architecture and world-class performances have placed The Royal Opera House Muscat (ROHM) on the international circuit of classy culture.

August 4, 2013

Year-on-year credit growth was as high as 19.4 per cent in the first half of 2012, which market experts expect to stay in the single digits this year.
13:52 GMT

Growth in total lending of Oman's six listed commercial banks declined to 7.5 per cent in the first half of 2013 as retail loans slowed down significantly due to regulatory restrictions.

Whilst the growth in number of tourists was impressive, the actual number could be even higher
12:06 GMT

Showing growth and dynamism, tourist arrivals from Australia into Oman grew by 71.2 per cent in 2012.

August 2, 2013

Sami Yusuf is coming you, Oman!
05:00 GMT

The Sultan Qaboos University has never sounded so good as it will August 30th with the presence of "Islam's biggest rock star", Sami Yusuf ready to rock!

July 31, 2013

Oman Cement's total sales declined 2.6 per cent to RO27.33mn from RO28.06mn
08:43 GMT

Oman Cement Co posted a 3.1 per cent growth in net profit for the first half of 2013 to RO9.3mn against a net profit of RO9mn in the same period last year.

July 30, 2013

The oil marketing companies are also expected to continue their track record of high dividend payouts as their balance sheets and cash positions stay strong
06:41 GMT

The total sales revenue of Oman's three oil marketing companies grew by just 3.1 per cent to RO510mn in the first six months of 2013 against RO494.3mn in the corresponding period last year.

July 29, 2013

Oman Projects Forum 2013 presents a detailed overview of the sultanate’s economy
13:55 GMT

Oman is set to see $65 billion worth of turnkey projects awarded between now and 2017, doubling the combined value of projects awarded in the Sultanate in the last five years.

Popcorn is first to be selected by the Bulgarian MENAR Film Festival. (Image: Facebook)
10:03 GMT

Bulgarians will be promoting Arab films through their MENAR (Middle East and North Africa Region) Film Festival in January. Omani film Popcorn was first on the list!

July 28, 2013

Total public revenue fell 1.5 per cent during the five-month period to RO6bn from RO6.1bn in the same period last year
10:10 GMT

Oman posted a budget deficit of RO110.4mn for the first five months of 2013 against a surplus of RO1.58mn in the corresponding period of last yearز

Over 66 per cent of all registered employees received less than RO300 per month
09:28 GMT

More than 100,000 private sector employees will soon receive RO325 as minimum salary for the month of July.