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Last Updated: Tue, Feb 21 2017 | 10:12 AM |
Oman set to announce new bond amid $7.8bn deficit
Politics & Economics»

Oman set to announce new bond amid $7.8bn deficit

Tuesday, 21 February 2017 2:12 PM

Sources say gov't of Oman will launch US dollar bond issue later this week

GCC 'needs $137bn' to fuel power sector
Energy»

GCC 'needs $137bn' to fuel power sector

Thursday, 2 February 2017 10:19 AM

Substantial investment in Gulf power projects needed over next five years, says Ventures Onsite

Omani banks face growing squeeze on profits
Banking & Finance»

Omani banks face growing squeeze on profits

Tuesday, 31 January 2017 10:34 AM

BankMuscat said to cope the best with slowing credit demand, says Moody’s

GCC banks to suffer credit squeeze throughout 2017
Banking & Finance»

GCC banks to suffer credit squeeze throughout 2017

Sunday, 29 January 2017 12:27 PM

Challenging slowdown is likely to continue over the next five years, says BMI Research

Oman's gov't budget deficit swells to $12.8bn
Politics & Economics»

Oman's gov't budget deficit swells to $12.8bn

Friday, 27 January 2017 11:22 AM

Official figures reveal January-November deficit increases as low oil export prices slashes Oman revenues

National Bank of Oman sees Q4 net profit slump by 19.9%
Banking & Finance»

National Bank of Oman sees Q4 net profit slump by 19.9%

Thursday, 12 January 2017 2:26 PM

Sultanate's third-largest lender says it made a profit of $35.5m in the three months to December 31

Oman denies seeking 'multi-billion dollar deposit'
Politics & Economics»

Oman denies seeking 'multi-billion dollar deposit'

Thursday, 12 January 2017 10:45 AM

Sultanate was reported this week to be seeking a central bank deposit to boost reserves

Oman in talks with Gulf states to obtain multi-billion dollar deposit
Politics & Economics»

Oman in talks with Gulf states to obtain multi-billion dollar deposit

Tuesday, 10 January 2017 3:39 PM

Sources say Omani officials met in recent weeks with officials of the finance ministries of Kuwait, Qatar and Saudi Arabia

Rosneft purchase leads $82 billion spree by sovereign investors in 2016
Banking & Finance»

Rosneft purchase leads $82 billion spree by sovereign investors in 2016

Saturday, 7 January 2017 3:30 PM

In 2017, sovereign investors are set to look more at opportunities in e-commerce and financial technology, following Saudi Arabia and SoftBank Group's plans to create a technology investment fund to hunt out deals

Oman's sovereign foreign assets forecast to slump by 2018
Politics & Economics»

Oman's sovereign foreign assets forecast to slump by 2018

Friday, 6 January 2017 10:46 AM

Fitch says asset set to fall to 28% of GDP compared to 48.5% of GDP at the end of 2016

Brazilian food exporter BRF to raise $1.5bn from IPO of Dubai unit
Retail»

Brazilian food exporter BRF to raise $1.5bn from IPO of Dubai unit

Thursday, 5 January 2017 11:00 AM

One Foods controls 45 percent of the poultry market in Saudi Arabia, the UAE, Kuwait, Qatar and Oman

Oman car leasing firm raises $25m from regional banks
Banking & Finance»

Oman car leasing firm raises $25m from regional banks

Tuesday, 3 January 2017 1:50 PM

Oman ORIX Leasing Company says financing provided by BBK and the National Bank of Ras Al Khaimah

Oman said to seek banks' proposals for international bond issue
Banking & Finance»

Oman said to seek banks' proposals for international bond issue

Tuesday, 3 January 2017 1:49 PM

Banking sources say sultanate has asked international lenders to submit proposals for transaction likely to be around $1bn or more

Oman 2017 state budget projects smaller deficit, continued austerity
Politics & Economics»

Oman 2017 state budget projects smaller deficit, continued austerity

Sunday, 1 January 2017 2:17 PM

Government plans changes to income tax, new taxation of goods such as tobacco and alcohol, and changes to fees charged for hiring foreign workers

Oman seen adopting more hawkish monetary policy in 2017
Politics & Economics»

Oman seen adopting more hawkish monetary policy in 2017

Saturday, 31 December 2016 2:21 AM

BMI Research says Central Bank of Oman will be forced to follow the US Fed's tightening cycle over the coming months


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