Monday, June 24, 2019

Bank Muscat best positioned to weather tight liquidity conditions: Moody’s

According to the latest report by Moody’s Bank Muscat is best positioned among local banks to weather the tight liquidity conditions Bank Muscat exhibits...
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Renewable Energy – Oman’s Clean Step into The Future

Implementation of renewable energy resources are on the rise, and Oman is not far behind. The price of oil in Oman rose by 1.32...
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Healthy Living Can’t Prevent Cancer

(Bloomberg Opinion) -- Recent news that random bad luck plays a big role in cancer has been misinterpreted as bad news, when it's actually...
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ASYAD Group nets highest net profit to date

ASYAD Group has registered rapid growth in the last six months due to sales increases and new revenue streams, resulting in a EBITDA growth...
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Oman’s Big – Little India Project

Oman has a long history of hosting expats with open arms and a relatively liberal reign. Considered one of the friendliest Middle Eastern countries,...
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Qatar Air Closing in on New Airline Stake

(Bloomberg) -- Qatar Airways will announce a stake in a sixth overseas carrier in coming months, Chief Executive Officer Akbar Al Baker said, as...
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Abu Dhabi Wealth Fund Executive Joins Etihad Aviation as CFO

(Bloomberg) -- Etihad Aviation Group appointed former Abu Dhabi Investment Authority executive, Andrew Macfarlane, its chief financial officer as the state-owned carrier pushes ahead...
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Top 10 Most Expensive Locations for Expats

(Bloomberg) -- Higher inflation and a strengthening currency have seen Hong Kong rocket into the fourth most expensive location in the world for expats,...
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3 Upcoming Construction Projects in Oman to Watch Out For

Oman has undoubtedly experienced a few tough years in the construction and infrastructure sector. As cited in the Deloitte GCC Powers of Construction 2018...
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Blown-Up Oil Tanker’s Insurer Says Iran Likely Attacker

(Bloomberg) -- Iranian forces were likely responsible for the attacks that occurred Thursday on two tankers in the Gulf of Oman, according to a...
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