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Last Updated: Thu, Dec 8 2016 | 5:49 AM |
Oman central bank says it aims to avoid bank rate rises as liquidity pressures
Banking & Finance»

Oman central bank says it aims to avoid bank rate rises as liquidity pressures

Thursday, 8 December 2016 9:49 AM

Economists believe Oman could not resist an uptrend in US rates indefinitely because of the peg of its rial currency to the US dollar

Oman said to be looking at spending cuts in 2017 budget
Politics & Economics»

Oman said to be looking at spending cuts in 2017 budget

Tuesday, 6 December 2016 1:52 PM

Sources say expenditure is likely to be slashed again next year in move to reduce deficit caused by low oil prices

Oman gov't budget deficit grows to $11.5bn
Politics & Economics»

Oman gov't budget deficit grows to $11.5bn

Thursday, 1 December 2016 9:27 AM

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

As it happened: Arabian Business Digital Forum
Technology»

As it happened: Arabian Business Digital Forum

Monday, 28 November 2016 9:03 AM

The Arabian Business Digital Forum brings together the region’s top industry influencers and leading entrepreneurs to discuss and debate the blueprint for a digital future.

1
Oman gov't to sell 49% stake in Muscat Electricity
Banking & Finance»

Oman gov't to sell 49% stake in Muscat Electricity

Monday, 21 November 2016 11:46 AM

Nama Holding, the holding company of power distribution firm, has appointed a transaction advisor to manage the process

Senior Saudi prince says Trump shouldn't scrap Iran deal
Politics & Economics»

Senior Saudi prince says Trump shouldn't scrap Iran deal

Saturday, 12 November 2016 5:04 PM

Prince Turki al-Faisal US should take Iran to task for its "destabilising activities" in the Middle East

Milan wants to lure Gulf firms fleeing Brexit
Banking & Finance»

Milan wants to lure Gulf firms fleeing Brexit

Wednesday, 9 November 2016 7:28 PM

Plans to offer tax breaks to Gulf firms may be threatened by Italy's constitutional referendum

Gulf markets absorb shock Trump victory
GCC»

Gulf markets absorb shock Trump victory

Wednesday, 9 November 2016 6:56 PM

Impact on GCC economies less severe than other emerging markets because no direct trade pact with US

National Bank of Oman plans bond early next year – report
Banking & Finance»

National Bank of Oman plans bond early next year – report

Tuesday, 8 November 2016 12:15 PM

Sultanate’s biggest lender may issue in Q1 2017

Oman gov't budget deficit grows to $11.4bn
Politics & Economics»

Oman gov't budget deficit grows to $11.4bn

Friday, 4 November 2016 11:07 AM

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

Dubai's Majid Al Futtaim eyes banks for Mall of Oman financing
Banking & Finance»

Dubai's Majid Al Futtaim eyes banks for Mall of Oman financing

Thursday, 3 November 2016 4:04 PM

Banking sources say shopping mall operator has invited proposals to finance construction of project

Oman's SWF buys stake in Spanish manufacturer Escribano
Banking & Finance»

Oman's SWF buys stake in Spanish manufacturer Escribano

Monday, 31 October 2016 3:36 PM

State General Reserve Fund agrees to buy 32.2% stake; part of drive by Oman to use its assets to help diversify the economy beyond oil

VAT to generate up to $779m in revenues for Oman yearly
Banking & Finance»

VAT to generate up to $779m in revenues for Oman yearly

Monday, 31 October 2016 9:09 AM

KPMG partner calls on local businesses to start preparing for tax implementation immediately

Oman plans to cover majority of budget deficit with foreign borrowing
Politics & Economics»

Oman plans to cover majority of budget deficit with foreign borrowing

Monday, 24 October 2016 2:04 PM

Central bank's strategy comes as government posted a budget deficit of $10.5bn in the first seven months of 2016

Revealed: GCC sovereigns could need $560bn by 2019 as low oil price bites
Banking & Finance»

Revealed: GCC sovereigns could need $560bn by 2019 as low oil price bites

Monday, 17 October 2016 1:56 PM

Bulk of financing needs will come from Saudi Arabia amid era of lowe oil prices, says Standard & Poor’s


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