May 6, 2004
Sheikh Abdullah bin Ali al Qatabi, President of Oman's Majlis A’shura has issued a decision forming a special committee to study and follow up employm
Three Urea fertilizer factories are to be established with an investment capital of LE 6 million in the governorates of Cairo, Alexandria and Suez.
May 4, 2004
Moody's Investors Service has downgraded the Financial Strength Rating (FSR) of National Bank of Oman (NBO) to D- from D, with a negative outlook.
The Jordanian Phosphate Company expects an increase in its exports of phosphate by 34% during this year to reach 4.9 million tons compared to 3.6 million tons in 2003.
May 3, 2004
Oman's Minister of National Economy Ahmad Abdulnabbi Makki begins Monday a tour of three European countries to promote economic and trade cooperation, it was announced in Muscat on Sunday.
Kuwaiti Undersecretary of the Ministry of Commerce and Industry Rashid Al-Tabtaba'e said on Sunday that Minister of Commerce and Industry Abdallah Al-Tawil will begin Monday an official visit
April 25, 2004
Four schoolchildren were killed by US fire in Baghdad on Sunday, shortly after a roadside bomb ripped through a U.S. military vehicle, witnesses said.
Dubai-headquartered private equity firm, ABRAAJ Capital has fully exited from the Oman National Investment Corporation Holding with an Internal Rate of Return of 85 percent. The transaction took place
April 22, 2004
Venomous and non-venomous snakes in Oman was the title of the lecture delivered Wednesday under the auspices of the Omani Ministry of Regional Municip
The UAE on Wednesday reiterated its support for attempts to bring stability to Iraq. Sheikh Khalifa bin Zayed Al Nahyan, Abu Dhabi Crown Prince and De
Yasser Arafat forced 20 activists hiding in his West Bank headquarters to leave the premises early Thursday, fearing the Israeli army would raid the c
Moody's Investors Service has assigned a Baa3 rating to the senior tranche of the $800 million Euro Medium-Term Note Program of BankMuscat. The unsubordinated notes issued under this program will carr
April 21, 2004
Dolphin Energy has signed a Memorandum of Understanding with the Oman Oil Company to supply natural gas to the Sultanate. The MoU provides for the creation of a Joint Steering Committee and Working Gr
A dispute between the governments of Germany and Libya is preventing the European Union from lifting an arms embargo on the Arab state. According to Western sources, Libya is reviewing its military ne
April 19, 2004
The value of the Sultanate’s Gross Domestic Product (GDP) rose by 6.3% last year to 8302.4 million from RO.7809.1 million over the year. The third iss