Oman

May 19, 2013

Ever wondered why Oman Air cabin crew were so nice?
12:25 GMT

Oman Air has committed RO2mn ($5,2 million) to staff training in 2013, having already invested more than RO3.3mn (some $8 million) over the previous two years.

Ministry floats 11 tenders for Sharqiya internal roads
06:00 GMT

The Ministry of Regional Municipalities and Water Resources (MRMWR) has floated as many as 11 tenders for the design and construction of internal roads in South and North Sharqiya.

Omantel will offer redundant routed capacity with superior quality and the lowest latency
05:00 GMT

Omantel announced that it inked an agreement for another submarine cable, the 'Bay of Bengal Gateway' submarine cable system (BBG).

May 16, 2013

A total of 2,940 trades were executed
04:40 GMT

Positive global equity markets rubbed off on the Muscat Securities Market general index, which closed Wednesday's trading up 0.53 per cent at 6,352.19.

May 15, 2013

Bank Muscat
12:51 GMT

The private placement amounting to 5.28 per cent shareholding stems from the bank’s overall capital augmentation plan.

Premium growth was largely in the medical insurance business in UAE
01:23 GMT

Oman National Investment Corporation Holding (ONIC) has reported a net profit of RO3.08mn for the first quarter ended March 31, 2013.

May 14, 2013

Central Bank of Oman
13:16 GMT

The Central Bank of Oman has urged licensed banks operating in the Sultanate to show more interest in financing small and medium enterprises.

May 13, 2013

Muscat Securities Market
06:06 GMT

Strength in global equity markets supported regional sentiment as most GCC stock markets ended Sunday in positive territory. The Muscat Securities Market general index inched up 0.20 per cent to close at 6,264.68.

May 12, 2013

Omani Students Society in London
10:55 GMT

Omani Students Society in London (OSSL) organised their second knowledge sharing programme, 'Talk of the Season'

Central Bank of Oman
05:40 GMT

The Central Bank of Oman (CBO) has mandated all banks operating in the sultanate to allocate five per cent of their total credit portfolio to small and medium enterprises (SMEs) by the end of December 2014.

May 9, 2013

Saraya Bandar Jissah
07:41 GMT

Saraya Bandar Jissah will have a major positive impact on the economy of the sultanate, said chief executive Sheikh Hamood Sultan al Hosni on Tuesday, as he hailed the progress in ongoing construction work.

May 8, 2013

Prospects bright for solar power in Oman
12:34 GMT

The Public Authority for Electricity and Water (PAEW) has identified four potential locations for the establishment of large-scale solar power projects, and land has been allocated at two of these places, according to a senior official.

Transgulf Investment makes OMR 2.334 profit in Q3
04:30 GMT

Omani investors lifted trading on the Muscat Securities Market as they net bought 7.7 per cent of the total value and the general index closed flat at 6,191.47.

May 6, 2013

The ministry is expecting a big increase in tourism with major drivers
10:49 GMT

The Ministry of Tourism (MoT) is going all out to woo tourists from the region, especially Saudi Arabia.

May 5, 2013

Authorities responded by targeting the media, in particular social media, given its ability to respond immediately to the uprisings’ day-to-day events.
12:51 GMT

Gulf countries always fail the freedom of the press test, as seen with the 2013 World Press Freedom Index issued by Reporters Without Borders. Although these countries are wealthy and boast the trappings of modern states, they continue to rank at the bottom.