Thursday, September 19, 2019

OFT, Vodafone sign partnership agreement for third mobile operator today

Oman’s third telecommunication service provider will begin its operations in 2020.Oman Future Telecommunication (OFT), which is joined by Itqan under the umbrella of Oman...
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Dubai Halts Mega-Airport Project as Gulf Economies Stumble

Work on Dubai’s Al Maktoum airport, designed to be one of the world’s biggest with an annual capacity of more than 250 million passengers,...
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Oman’s state budget deficit sees 53% drop in first half of...

The Sultanate’s state budget deficit has seen a 53% drop with the deficit at OMR 0.66bn (660mn) as compared to OMR1.4bn for the same...
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Global Sukuk issuance set to rise 6% to around $130bn in...

Global Sukuk (Islamic bond) issuance is set to rise to 6% to around $130bn this year, according to a Moody’s Investors Service report.This fourth...
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Zeeshan Pervez, Head of Products – Assets and Liabilities, The Saudi...

Zeeshan Pervez, Head of Products - Assets and Liabilities, The Saudi Investment Bank spoke to Business Live Middle East’s Mayank Singh at the New...
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Natural gas key catalyst to fuelling Oman’s economy

Natural gas is rising as a key catalyst to the growth of Oman’s economy, according to Central Bank of Oman’s (CBO) annual report released...
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Port of Duqm emerging as a preferred maritime hub

The buzz is all about the Port of Duqm, the new economic engine of the Sultanate of Oman, progressively emerging as the neo hub...
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Healthy economic outlook for Oman over medium term, says CBO report

​Oman’s economic outlook appears to be healthy over the medium term aided by thriving non-oil economic sectors and new enabling policies, including those that...
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‘The Report: Oman 2020’ to analyse country’s foreign investment drive

Global research and advisory firm Oxford Business Group (OBG) will be bringing out The Report: Oman 2020, which will chart the latest measures taken...
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Saudi Aramco asks banks to bid in what could be world’s...

In what could be the world’s biggest IPO, Saudi Aramco has formally asked major banks to bid for potential roles in its planned initial...
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