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BLME News Reporter


GSMA chooses Omantel to represent GSMA at the ITU Forum for Cyber Security and...

The Global Mobile Communication Association announced the selection of Omantel - the leading provider of integrated telecommunications services in the Sultanate – as a...

Omantel’s Mobile Network the first to Serve Sharqiyah Expressway

Omantel, in cooperation with the Ministry of Transport, Telecom Regulatory Authority and other telecom partners, has proactively sought to cover Sharqiyah New Expressway with...
oil price; Aramco; saudi arabia

Saudi Aramco Pushing to Complete IPO in 2019

(Bloomberg) --Saudi Aramco is pushing to complete its initial public offering this year by relying more on local investors, after international money managers’ skepticism...
banking finance

Banks Must Act Now or Risk Becoming a ‘Footnote’: McKinsey

(Bloomberg) --More than half of the world’s banks are already in a weak position before any downturn that may be coming, according to a...

Netflix Set to Raise $2 Billion as War for Content Heats Up

(Bloomberg) --Netflix Inc. is selling bonds as it continues to bolster its original content in the face of expanding competition. The company is offering around...

Justin Trudeau Wins a Second Term in Canada With Weakened Mandate

(Bloomberg) --Canadian Prime Minister Justin Trudeau, whose popularity has taken a hit from a series of scandals, won a second term in national elections...

Naruhito Takes Throne as Japan’s First New Emperor in 30 Years

(Bloomberg) --Japan completed the months-long coronation of Emperor Naruhito in an elaborate ceremony in Tokyo, as assembled global royalty and political leaders looked on. Clad...

Saudi Arabia Wants to Lower Unemployment. It Needs Tourists To Help

(Bloomberg) -- Perched behind the counter of a mid-range hotel in Riyadh, Bashayer admits she was reluctant to take a job as a receptionist. But...

iPhone Display Supplier Sees OLED Smartphone Deluge From 2021

(Bloomberg) --Japan Display Inc., the struggling supplier of mobile screens to Apple Inc., says it has about a year before it needs to decide...

Private-Jet Deliveries Surge Just as Global Economy Cools Off

(Bloomberg) --It’s all about that new plane smell. Private jets that can fly faster and go longer distances are causing a surge in new corporate-jet...