Oman
September 14, 2003
Mashreqbank and Oman Insurance (OIC) have joined hands to offer 'Bancassurance' to corporate clients. By utilizing the bank's distribution network, insurance companies are able to reduce their distrib
Customers of DHL can now access information about shipments and services 24 hours a day with a free call from anywhere in Saudi Arabia to the express and logistics company's Call Center in Dhahran. A
September 11, 2003
Alcatel has signed a contract with Omantel, the incumbent operator in the Sultanate of Oman, for the deployment of a Litespan Next Generation Digital Loop Carrier access solution. Alcatel's solution
The Jordan Institution for Standards and Metrology (JISM) and Bureau Veritas (Bivac) have announced the implementation of the Daman Program at a press conference held at the JISM headquarters in Shmei
September 10, 2003
Palestinian Parliament speaker Ahmed Qurei, also known as Abu Ala, said Wednesday he has accepted the position of Prime Minister.
Bank Muscat has launched a $20 million capital guaranteed fund, managed by Man Investment Products. The fund will initially be positioned to target returns of around 18 percent per annum over the medi
South Korea’s LG-Caltex has signed a contract with the Omani government to provide technical support to the Sohar refinery. The $45 million deal is part of a larger project to build a 75,000 barrel pe
September 2, 2003
Gulf Air’s new Worldwide Contact Center in Rusayl has gone live at the facility in the Sultanate of Oman’s new Knowledge Oasis (KOM). When the center is fully operational it will be staffed by arou
HSBC has launched a new service specifically designed to assist businesses with financing against their outstanding invoices for both their domestic and export sales. It is the first financial institu
September 1, 2003
The Lebanese female band - the Four Cats – has recently finished shooting a new video clip for their song <I>Ruh Hubbak ala a Tul</i>.
UK-based Electro Silica Group has acquired 50 percent of Atlantis Holding Norway’s interests in the Oman block 40, covering some 12,000 square kilometers in the southern Arabian Gulf. Drilling will st
August 31, 2003
The Central Bank of Oman has issued a public warning that fraud attempts are on the rise in the Sultanate. Cases of attempted fraud usually involve the use of fake or stolen cheques drawn on banks abr
The National Bank of Kuwait (NBK) has been selected within a consortium of more than a dozen international banks led by JP Morgan to run the newly created Trade Bank of Iraq to finance imports and exp
August 28, 2003
The directorate-general of education in Dhofar Governorate has completed its preparations for the academic year 2003-2004. According to ONA, the gove
Officials of several Islamic charities in the Gaza Strip said Thursday that 39 of their bank accounts have been frozen by the Palestinian Authority.