July 29, 2013
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.
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
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
More than 100,000 private sector employees will soon receive RO325 as minimum salary for the month of July.
July 24, 2013
The outlook for new resorts and hotels in Oman looks promising with over 3,000 hotel rooms due for completion by the end of 2014.
July 22, 2013
Ali Al Habsi, Oman‘s football team captain, is hopeful of a full recovery from his shoulder surgery in the next two months and plans to return to action in October.
July 21, 2013
Oman is ramping up its efforts to build a 2,244-kilometre rail network that is expected to link major ports and neighbouring countries.
July 17, 2013
Oman Cables Industry has signed a contract for the supply of power cables worth an estimated RO27.36mn with a customer in Saudi Arabia, the company said in a filing to the Muscat Securities Market.
July 3, 2013
Abu Dhabi’s leading investment firm Gulf Capital has acquired Chef Middle East, an importer and distributor of specialty and fine food products.
June 30, 2013
The cargo shipment airline makes Muscat its 79th destination
A number of fraud cases have recently been dealt with by Omani police, among them foreign swindlers selling sand as gold
Oman United Insurance got upgraded to a BBB rating by S&P
June 29, 2013
As the Gulf Cooperation Council and Hezbollah aid opposing sides of the Syrian civil war, the GCC seeks to punish Hezbollah economically.
June 27, 2013
Fitch Ratings has affirmed Oman-based Bank Sohar's Long-term Issuer Default Rating (IDR) at 'BBB+' with a Stable Outlook.
The sultanate will have at least one low-cost carrier (LCC) by the first half of 2014 with the possibility of more licences being awarded, according to Salim Nasser Said al Aufi, chief executive officer of the Public Authority for Civil Aviation.