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Last Updated: Wed, Nov 26 2014 | 12:33 PM |
HSBC to refund UAE, Bahrain, Oman customers for excessive fees
Banking & Finance»

HSBC to refund UAE, Bahrain, Oman customers for excessive fees

Wednesday, 26 November 2014 4:33 PM

Banking giant says it is taking action after charging excessive foreign currency fees on debit and credit card transactions

UAE's Topaz plans to raise $550m loan to fund expansion
Banking & Finance»

UAE's Topaz plans to raise $550m loan to fund expansion

Tuesday, 25 November 2014 11:02 AM

Studying London IPO after failed 2011 listing

GCC single currency comes down to politics, says ex-IMF boss
Banking & Finance»

GCC single currency comes down to politics, says ex-IMF boss

Tuesday, 25 November 2014 10:38 AM

A former IMF chief who helped create the euro says the GCC leaders need greater "political will" if they're to establish a common monetary policy

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Oman looks to tax expat remittances in bid to avoid budget deficit
Politics & Economics»

Oman looks to tax expat remittances in bid to avoid budget deficit

Monday, 24 November 2014 3:16 PM

Advisory body to Oman's gov't has suggested sweeping spending cuts and tax rises as it faces a $7.9bn deficit in 2015

Qatar's Al Baker 'doesn't care' about smaller GCC airlines
Qatar»

Qatar's Al Baker 'doesn't care' about smaller GCC airlines

Saturday, 22 November 2014 3:21 PM

Airline boss also says he is open to privatising Qatar Airways when its rapid growth stabilises

Russia state fund sees Middle East, Asia demand despite sanctions
Banking & Finance»

Russia state fund sees Middle East, Asia demand despite sanctions

Friday, 21 November 2014 1:40 PM

Many Western firms have been paring back their activities in Russia after sanctions

Brent slips to $79 as Japan enters recession
Commodities»

Brent slips to $79 as Japan enters recession

Monday, 17 November 2014 10:37 AM

Iran attacks OPEC members for refusing to stabilise oil prices

UAE lists Muslim Brotherhood as terrorist group
Politics & Economics»

UAE lists Muslim Brotherhood as terrorist group

Saturday, 15 November 2014 8:56 PM

Nusra Front and ISIS also designated as terrorist organisations

Abu Dhabi-Muscat ferry service under consideration
Transport»

Abu Dhabi-Muscat ferry service under consideration

Tuesday, 11 November 2014 4:47 PM

The ADPC's cruise ambitions might include a ferry service to Oman in addition to other GCC countries.

Oman to develop major ecotourism destination
Construction»

Oman to develop major ecotourism destination

Tuesday, 11 November 2014 9:27 AM

Ras Al-Hadd project will feature five-star hotels and resorts

Omantel Q3 net profit rises 3.1%
Technology»

Omantel Q3 net profit rises 3.1%

Monday, 10 November 2014 3:00 PM

Former monopoly made a net profit of 30 million rials ($77.9 million) in the three months to September 30

John Kerry and Iranian minister start nuclear talks in Oman
Politics & Economics»

John Kerry and Iranian minister start nuclear talks in Oman

Sunday, 9 November 2014 4:56 PM

Discussions, aimed at curbing Iran's sensitive uranium enrichment work in return for a gradual lifting of sanctions

Oman budget surplus shrinks to $354m in Jan-Sept
Politics & Economics»

Oman budget surplus shrinks to $354m in Jan-Sept

Saturday, 8 November 2014 1:18 PM

Sultanate’s original 2014 budget plan was based on a projected oil price of $85 per barrel

OPEC says oil price to rebound by Q2 next year
Commodities»

OPEC says oil price to rebound by Q2 next year

Friday, 7 November 2014 12:24 PM

Brent crude futures have fallen 27 percent since the start of July and 12 percent in the last month.

One-third of expats in Oman lack proper qualifications - report
Politics & Economics»

One-third of expats in Oman lack proper qualifications - report

Thursday, 6 November 2014 10:28 AM

30 percent of workers in the Ministry of Health are from overseas

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