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Monthly Archives: March 2020

NBO pledges RO1 million to combat Covid-19

National Bank of Oman (NBO) has pledged One Million Omani Rials towards combatting the COVID-19 outbreak in Oman. With this, the bank will be...
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Trump Abandons Easter Virus Goal and Steels Americans for Deaths

Trump Abandons Easter Virus Goal and Steels Americans for Deaths

(Bloomberg) -- President Donald Trump abruptly abandoned his ambition to return American life to normal by Easter, heeding advice from the government’s top doctors that...
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Oil Plummets to 17-Year Low as Broken Market Drowns in Crude

Oil Plummets to 17-Year Low as Broken Market Drowns in Crude

(Bloomberg) -- Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world’s largest economies, leaving the market overwhelmed by cratering demand and...
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Amazon Workers to Strike at New York Site on Virus Concerns

Amazon Workers to Strike at New York Site on Virus Concerns

(Bloomberg) -- About 100 Amazon.com Inc. employees at a New York fulfillment center plan to go on strike at noon on Monday, alleging management has...
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Suspension of metro, tram and marine services extended until 5th April: Dubai RTA

Suspension of metro, tram and marine services extended until 5th April: Dubai RTA

DUBAI, 29th March, 2020 (WAM) -- The Dubai Roads and Transport Authority, RTA, announced on Sunday that it has extended the suspension of public...
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Century-Old Vaccine Investigated as a Weapon Against Coronavirus

Century-Old Vaccine Investigated as a Weapon Against Coronavirus

(Bloomberg) -- A vaccine that’s been used to prevent tuberculosis is being given to health-care workers in Melbourne to see if it will protect them...
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Expats go digital for their remittance needs

Expats go digital for their remittance needs

Going digital is not a new fad. But with Covid-19, it would seem going digital has become the new normal. Operating 150+ branches in the...
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Symptoms – Recognising Them & What to Do

Symptoms – Recognising Them & What to Do

According to WHO, the COVID-19 virus affects different people in different ways. It is a respiratory disease and most people who are infected will develop...
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PREVENTIVE MEASURES – COVID19

‘Prevention is better than cure’ goes to popular adage. Here we list the precautions and preventive measures to take, according to World Health Organisation...
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banking finance

Oman’s stimulus will soften coronavirus’ economic blow, but weaken banks credit profiles

The Central Bank of Oman’s stimulus package that will inject RO8 billion ($21 billion) in the economy to reduce the economic effects of the...
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