Oman

October 4, 2003

03:00 GMT

The United States has told Israel it disapproves of plans to construct more than 600 new homes in West Bank settlements, the U.S. State Department sai

October 1, 2003

03:00 GMT

Omani business conglomerate Suhail Bahwan is expected to purchase a 35 percent stake in the National Bank of Oman (NBO), reported Taib Securities. The deal is subject to the approval of the bank’s sha

03:00 GMT

Lebanon received 191,129 tourists in August 2003, up 23.4 percent compared to the same period last year and up and seven percent compared to July 2003. Arab tourists made up the majority of the countr

03:00 GMT

Moody's Investors Service placed on review for possible downgrade the D financial strength rating of National Bank of Oman (NBO). This action does not affect NBO's Baa3/Prime-3 ratings for foreign cur

03:00 GMT

Fitch Ratings has upgraded Turkiye Is Bankasi’s Individual rating to D from D/E. At the same time the agency has affirmed its Long-term foreign and local currency ratings at B-, Support at 5 and Natio

September 30, 2003

03:00 GMT

Two earthquakes rocked the northeastern Iranian border areas with Afghanistan on Tuesday, according to Iran's state television.   The quakes, which me

03:00 GMT

Oman Polypropylene has mandated Arab Petroleum Investments Corporation as Structuring Bank to formulate a financing strategy and structure for its proposed new polypropylene plant to be constructed in

September 23, 2003

03:00 GMT

Global Finance, New York has declared BankMuscat the Best Bank in Oman for the third successive year. The award will be presented to Chairman of BankMuscat Sheikh AbdulMalik Bin Abdullah Al-Khalili at

03:00 GMT

HSBC has been recognized as Best Bank and Best Debt House in the Middle East by Euromoney magazine in its Awards for Excellence 2003. The Bank also won Best Debt House in the United Arab Emirates (UAE

September 17, 2003

03:00 GMT

Saudis have come under fresh scrutiny lately by US and European investigators in Riyadh and in Israel for their political and financial support of the

03:00 GMT

The US Trade and Development Agency has awarded Oman's Ministry of Transport and Communications a $460,000 grant to study the feasibility of using International Satellite Test Beds for advanced air tr

September 15, 2003

03:00 GMT

Syrian Vice-President Abdulhalim Khaddam on Monday heads to Oman, where he will hold talks, focused on the regional situation and Iraq.   A presiden

03:00 GMT

A Pakistani man was beheaded in Riyadh on Monday after being convicted of smuggling heroin into Saudi Arabia, said a statement released by the Interio

03:00 GMT

Canon Middle East has has extended the appointment of Redington Gulf, its computer peripheral products for the United Arab Emirates (UAE), to cover Bahrain, Oman and Qatar.  Redington provides logisti

September 14, 2003

03:00 GMT

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