Monday, September 23, 2019

Subsidy reform and diversification key to overcoming government revenue crunch

Energy and financial sector experts gathered at the APICORP Energy Forum in Bahrain, held under the patronage of His Royal Highness Prince Khalifa bin...
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GCC equity markets are looking increasingly attractive

A recent Bank of America Merrill Lynch research report titled, ‘MENA & Frontier Observer - Frontier markets screening increasingly more attractive: Focus on quality', says that GCC equity markets are looking increasingly attractive after the broad based sell off since the summer.
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Meethaq widens network with state-of-the-art branch at Qurum

Widening its network across the Sultanate, Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, opened a state-of-the-art branch in Qurum. Amal Suhail Bahwan, Managing Director of Suhail Bahwan Group, was the guest of honour at the ceremony attended by dignitaries and senior bank officials.
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Saudi crude stockpiles fall as overseas demand rises

Saudi Arabia’s crude oil stockpiles fell from a record amid signs that overseas demand for refined products was picking up as margins improved.
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Bank Muscat celebrates 45 years of Oman’s Renaissance achievements

Bank Muscat, the flagship financial services provider in the Sultanate, celebrated the 45th National Day with gusto as the head office and branches across all regions lined up various activities for the occasion in celebrations reflecting the Omani sentiments associated with the auspicious occasion.
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Masirah Oil raises $13 million to fund Block 50 drilling

Singapore-listed Rex International Holding Limited's indirect wholly-owned unit Rex Oman Ltd completed on Sunday the subscription of new shares in Masirah Oil Ltd (MOL), the company stated in a filing to the Singapore Exchange yesterday.
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Oman’s 45th Glorious National Day Celebration

The Sultanate, full of pride and trust, celebrates the 45th Glorious National Day on Wednesday. The blessed modern Renaissance is continuing its endeavours to achieve more progress and prosperity for the Sultanate under the wise leadership of His Majesty Sultan Qaboos.
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CBO issues new RO1 note to mark 45th National Day

On the occasion of the 45th National Day 2015, the Central Bank of Oman has issued a New Commemorative Banknote of RO1 denomination with effect from Wednesday, November 18 2015.
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Oman Air increases frequencies to Kochi, Trivandrum, Goa and Bangalore

Oman Air is set to increase frequencies on four of its key destinations to India. The number of flights from Muscat to Goa will increase from six per week to one a day.
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Sohar Port to introduce steps to speed up truck movement

A brand new truck appointment system that will allow drivers calling at Sohar Port and Freezone to schedule collection and delivery of cargo in advance is to be unveiled at Oman International Container Terminal next month, according to a senior official at the terminal operator.
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