Oman

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.

July 24, 2013

Hotel room capacity in Oman is forecast to grow at a compound annual growth rate of 5.3 per cent over the period 2011 to 2016
12:55 GMT

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

Habsi hopes to return to action in October
10:51 GMT

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 Rail can enter into partnerships with investors in various aspects of railway services
11:07 GMT

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

Power cables
06:29 GMT

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

Chef Middle East serves over 1,000 customers in the UAE, Qatar, and Oman. (Photo source: promotional website)
07:01 GMT

Abu Dhabi’s leading investment firm Gulf Capital has acquired Chef Middle East, an importer and distributor of specialty and fine food products.