Oman
Oman’s industrial sector to continue value-added processing projects
MUSCAT: Oman's industrial sector is expected to continue on a long-term upwards trajectory, with a host of value-added processing projects...
Oman’s Takaful receives OMR2.4m profit in Q1 of 2015
MUSCAT: Oman’s Takaful Insurance Company, one of the first full-fledged Islamic insurance providers in the Sultanate, has achieved a profit...
Oman signs OMR60m deals with Industrial states
MUSCAT: Agreements worth around OMR60 million were signed by the Public Establishment for Industrial Estates (PEIE) to develop Sumail and...
Oman’s Ahli bank customer deposits raise 15.1pc
MUSCAT: Oman's two full-fledged Islamic banks have yet to post a profit but their customer deposits are surging, increasing pressure...
Oman’s MSM30 down 0.17% to close at 6,231.95pts
MUSCAT: Oman’s MSM30 Index down by 0.17 percent to closed at 6,231.95 points. Oman’s MSM Sharia Index closed at 953.08...
Oman’s Ooredoo’s profit rises 22% in Q1 of 2015
MUSCAT: Ooredoo Oman net profit reported 22 percent rise in first quarter of 2015 as revenue and its subscriber base...
Oman Shipping fleet to swell to 60 vessels by 2017
MUSCAT: Oman’s national shipping fleet is projected to top 60 vessels by 2016-2017 as state-owned Oman Shipping Company ( OSC...
Bank Muscat’s revenue up, rises 8.9% in Q1
MUSCAT: Bank Muscat, Oman's largest lender, posted an 8.9 percent increase in its first quarter net profit, beating analysts' forecasts,...
Oman spends $8.7bn revenue on oil sector
MUSCAT: Oman’s Ministry of Oil and Gas, Salim bin Nasser al Oufi, said that government’s spending on oil sector stood...
Oman, Brazil trade reaches $1.1b in 2014
MUSCAT: Trade between Brazil and Oman has been steadily increasing in the last few years, though has reached $1.1 billion...
Oman’s MSM30 down 0.07% to close at 6,265pts
MUSCAT: Oman’s MSM30 Index down by 0.07 percent to closed at 6,265 points. The MSM Shariah Index closed at 956.85...
Iran, Oman sign new gas trade agreement to add 120 mcm/d to export
TEHRAN: Iran and Oman signed a new gas trade agreement that add up to a total of 120 mcm/d of...
Oman officials review import capacity of Qatari ports ahead of 2022 FIFA World Cup
QATARI PORTS: A business delegation from Oman, led by the Oman Chamber of Commerce & Industry Mining and Quarries Committee,...
Iran, Oman sign deal on 260-km below-sea gas export
Muscat: Iran and Oman signed a deal to build 260 kilometer below-sea pipeline to carry Iranian gas to Oman. Hamid-Reza...
Oman’s 2.5 million tonne per annum steel plant to shift in Duqm
MUSCAT: Oman’s 2.5 million tonne per annum steel plant, planned to be shifted in Duqm, if promoters do not receive...
Oman’s Al Maha Ceramics profit up 29% in Q1
MUSCAT: Oman’s Al Maha Ceramics profit raised 29 percent after tax at 634,572 rials in first quarter of 2015 against...
Bank Dhofar sets $116.9m target for rights issue
MUSCAT: Oman’s Bank Dhofar, the sultanate’s second-largest lender by assets, has set $116.9 million (45 million rial) target for rights...
Oman customs seizes 21,000 liquor bottles at Al Wajajah border
MUSCAT: Oman customs seized more than 21,000 liquor bottles from a truck at Al Wajajah border post. The accused, an...
Oman Customs confiscates contraband in Seeb, arrests expats
MUSCAT: Oman customs confiscated contraband and 2,918 cigarettes packets of various brands and more than 93 kilogrammes of chewing tobacco...
Central Bank of Oman expects 10% rise in growth
MUSCAT: Executive President of Central Bank of Oman said that bank is expected to raise 10 percent in growth. "We...
