Oman

April 25, 2004

03:00 GMT

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

03:00 GMT

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

03:00 GMT

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

03:00 GMT

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

03:00 GMT

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

03:00 GMT

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

03:00 GMT

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

03:00 GMT

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

03:00 GMT

Jordan's Senate President, Zeid Rifa'i, sent a cable on Monday to President of the Palestinian Legislative Council (PLC), Salim Za'noun, expressing hi

April 18, 2004

03:00 GMT

Jebel Ali's Danube Building Materials is expanding its operations in Oman in anticipation of a boom in construction activity.   Danube established a showroom in Wadi Kabir in Muscat in June 2001, offe

03:00 GMT

The National Central Cooling Company Tabreed has reported net profits of 23.4 million Emirati dirhams ($6.3 million) in 2003, a rise of 187 percent over the previous year.    Revenues soared to Dh 1

April 17, 2004

03:00 GMT

Prominent Egyptian actress Hanan Turk was accused of assaulting a journalist and damaging his camera, while filing a complaint against her husband for kicking her out of their apartment

April 15, 2004

03:00 GMT

Expanding economic cooperation and encouraging Chinese firms to invest in the Sultanate were among the topics discussed in a meeting Wednesday between

03:00 GMT

Egypt’s Amreyah Pharmaceuticals recorded a net profit of 59.2 million Egyptian pounds ($9.5 million) for 2003 compared to EP 43.3 million in 2002, according to a company statement.  Founded in 1984, A

April 13, 2004

03:00 GMT

The constitutional council announced Monday the final and official results of the presidential election held on 8th April 2004. Abdelaziz Bouteflika w