Oman

November 4, 2003

02:00 GMT

Oman Arab Bank reported a net profit of 7.02 million Omani rials ($18 million) for the first nine months of 2003, a 16 percent increase over the same period last year. Net interest income increased by

November 3, 2003

02:00 GMT

Oman LNG L.L.C and the Ministry of Heritage and Culture signed a Memorandum of Understanding (MoU) Sunday, whereby Oman LNG makes a significant contri

02:00 GMT

A phone call was made on Monday between Syria's Foreign Minister Farouk al-Shara and his Lebanese counterpart, Jean Obied. According to SANA, the conv

02:00 GMT

Gulf Air recorded an average load factor of 73.5 percent in the third quarter of 2003, during which a record 1,811,232 passengers flew with the carrier. These figures translate into a 17.4 percent inc

02:00 GMT

Co-op Islami, a company specializing in Halal meat products, has registered an average 40-50 percent increase in sales in the United Arab Emirates market, and a 30 percent increase in international ma

02:00 GMT

The Government of Oman is fast tracking the development of a new tourist complex on the shores of Oman. “We are currently short listing suitable hotel management companies and investors to participate

02:00 GMT

Dubai Duty Free closed the month of October with sales of 132 million Emirati dirhams ($37 million), which represents a 21 percent increase over the same period last year. Many categories showed signi

November 2, 2003

02:00 GMT

International law firm Trowers & Hamlins represented National Bank of Oman in a 53.14 million Omani rial ($138.16 million) placement of 24,195,406 shares at OR 2.2 per share to the Suhail Bahwan Group

02:00 GMT

Fitch Ratings has assigned Turkey's MNG Bank long-term foreign and local currency ratings of B-. Additionally, the agency has assigned short-term foreign and local currency ratings of B, an individual

October 28, 2003

02:00 GMT

The latest report issued by the Yemeni authorities at the Sana'a international airport indicated that about 90 pieces of ancient antiquities and manus

02:00 GMT

Emerson Process Management has been selected by Petroleum Development Oman to automate a new gas/oil separation plant at Barik Gharif field. Emerson's front-end engineering and design of the project i

October 26, 2003

02:00 GMT

Senior Gulf Cooperation Council (GCC) pensions and social security officials warned of the growing negative effects of early retirement programs on GCC economies at a recent workshop.  The Impact of E

October 23, 2003

03:00 GMT

Turkish Prime Minister Recep Tayyip Erdogan on Thursday restated Ankara's willingness to dispatch troops to Iraq as he arrived on a two-day visit to T

03:00 GMT

Oman's macroeconomic performance remained strong in 2002, a trend that is expected to continue in the current year, reported the International Monetary Fund in its recent Article IV consultation with

October 22, 2003

03:00 GMT

The Omani Sultan Qaboos bin Said presided over the inauguration of the third session of the Council of Oman Tuesday. The Council of Oman comprises the