Oman

September 23, 2003

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

03:00 GMT

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

03:00 GMT

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

03:00 GMT

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

03:00 GMT

Palestinian Parliament speaker Ahmed Qurei, also known as Abu Ala, said Wednesday he has accepted the position of Prime Minister.

03:00 GMT

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

03:00 GMT

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

03:00 GMT

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

03:00 GMT

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