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Last Updated: Thu, Feb 11 2016 | 5:57 AM |
UAE firm Agthia aims to double revenue to $1bn by 2020, says CEO
Retail»

UAE firm Agthia aims to double revenue to $1bn by 2020, says CEO

Thursday, 11 February 2016 9:29 AM

Agthia is eyeing acquisitions in the Gulf in the water, juices and dairy sectors with the company expecting to firm up one deal in the coming months, says CEO Iqbal Hamzah

Oman to borrow $5-10 billion from abroad to finance budget deficit, says central bank
Banking & Finance»

Oman to borrow $5-10 billion from abroad to finance budget deficit, says central bank

Tuesday, 9 February 2016 9:20 AM

Exec president Hamood Sangour al-Zadjali said government might issue eurobonds by the middle of this year

Major MidEast bourses dragged lower by weaker oil, global equities
Politics & Economics»

Major MidEast bourses dragged lower by weaker oil, global equities

Sunday, 7 February 2016 7:58 PM

Saudi erases Thursday's gains, while Dubai slides in weakest volume since Jan 10

53% of young Omanis jobless after graduation
Jobs»

53% of young Omanis jobless after graduation

Sunday, 7 February 2016 2:43 PM

Survey by Ministry of Higher Education found that low oil prices and hiring freezes are damaging 2015 graduates’ prospects

Oman says remains committed to FX peg after forwards move
Politics & Economics»

Oman says remains committed to FX peg after forwards move

Tuesday, 2 February 2016 3:06 PM

Central bank makes comment as one-year dollar/rial forwards rises to highest level since 2006

Oman bans domestic workers from African countries
Politics & Economics»

Oman bans domestic workers from African countries

Tuesday, 2 February 2016 2:03 PM

Sultanate is reportedly refusing new visas to curb spread of crime, disease

Oman mulls tax on fast food, fizzy drinks
Politics & Economics»

Oman mulls tax on fast food, fizzy drinks

Tuesday, 2 February 2016 2:02 PM

Health official also calls for GCC-wide tobacco tax to be introduced 'as early as possible'

Revealed: Oman's new $649 million tourism project
Travel & Hospitality»

Revealed: Oman's new $649 million tourism project

Monday, 1 February 2016 1:52 PM

Ras Al Hadd project is unveiled as Oman diversifies economy amid continuing low oil prices

Oman’s GDP plummets 14.2% in wake of oil price drop
Politics & Economics»

Oman’s GDP plummets 14.2% in wake of oil price drop

Monday, 1 February 2016 8:04 AM

Official statistics show petroleum activities dropped 38.5 percent in Q3 2015

1
Oman to allow 100% foreign ownership under new law
Politics & Economics»

Oman to allow 100% foreign ownership under new law

Thursday, 28 January 2016 1:26 PM

Draft legislation will reportedly remove $389,000 capital requirement for expat businesses

1
Oman fund, Iran's Khodro sign deal for $200m car venture
Politics & Economics»

Oman fund, Iran's Khodro sign deal for $200m car venture

Wednesday, 27 January 2016 4:18 PM

Auto-making agreement signed with Iran Khodro Industrial Group to study plan for production facility in sultanate

Iran warns US warship to leave area of naval exercise
Politics & Economics»

Iran warns US warship to leave area of naval exercise

Wednesday, 27 January 2016 3:49 PM

Warning comes just weeks after Iran detained 10 US sailors after their boats entered its territorial waters

Ooredoo Oman posts 10.8% rise in Q4 net profit
Technology»

Ooredoo Oman posts 10.8% rise in Q4 net profit

Wednesday, 27 January 2016 1:52 PM

Sultanate's No 2 telecom operator says it made profit of nearly $24m in three months to Dec 31

Thailand quarantines 32 people after second Omani MERS case confirmed
Healthcare»

Thailand quarantines 32 people after second Omani MERS case confirmed

Wednesday, 27 January 2016 12:03 PM

Virus was found in a 71-year-old Omani man travelling to Bangkok

Omran sets up investment unit for $1.3bn waterfront project
Travel & Hospitality»

Omran sets up investment unit for $1.3bn waterfront project

Saturday, 23 January 2016 1:09 AM

Oman Tourism Development Company seeks private sector investors for Mina Sultan Qaboos project in Muscat


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