Sunday 21 December 2014
 
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Oman

Oman set to top region in luxury spending

A majority (53 per cent) of luxury spenders in Oman plan to spend more on luxury goods and experiences in 2015, a report said, highlighting that this compares to a regional average of 31 per cent. This and places Oman ahead of all

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Oman set to top region in luxury spending

A majority (53 per cent) of luxury spenders in Oman plan to spend more on luxury goods and experiences in 2015, a report said, highlighting that this compares to a regional average of 31 per cent. This and places Oman ahead of all

More…

Oman set to top region in luxury spending in 2015

A majority (53 per cent) of luxury spenders in Oman plan to spend more on luxury goods and experiences in 2015, a report said, highlighting that this compares to a regional average of 31 per cent. This and places Oman ahead of all

More…

Oman sovereign fund boosts buying of local stocks

Oman's State General Reserve Fund (SGRF) has boosted its buying of shares in the local stock market as prices have slid to attractive levels, the fund's executive president said. The Muscat Securities Market's (MSM) ma

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Bahrain-Oman may mull debt issuance

Bahrain and Oman are likely to finance any increase in fiscal deficits next year through sovereign debt issuance, according to Moody's Investors Service. The ratings agency said that while the six GCC states can withstand the

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Orpic Logistics inks deals for $320m Oman pipeline project

Orpic Logistics Company (OLC) has awarded an engineering, procurement and construction (EPC) contract and a financing deal for a major pipeline project worth $320 million in Oman. OLC is a joint venture between Oman Oil Refineries and P

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Napco posts net profits of $1.2m

National Aluminium Products Company (Napco), a leading extruders of aluminum profiles in the GCC, has posted strong performance for the first three quarters of the year, with net profits worth more than RO486,000 ($1.2 million). I

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Orpic to lead Omani firms at ArabPlast Dubai

Oman Oil Refineries and Petroleum Industries Company (Orphic) is set to lead a number of Omani companies participating at the ArabPlast Dubai 2015 depicting the rising importance of the sector in the Sultanate. The plastic exhibit

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EAG inducts new Embraer Legacy business jet in Oman

Empire Aviation Group (EAG), a Dubai-based private aviation services company, has inducted a new Embraer Legacy 650 business jet into its managed fleet based in Oman. The Legacy 650 is for an existing owner and will be managed for

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Oman Air, StanChart sign landmark financing deal

Oman Air, the national carrier of Sultanate, and Standard Chartered, have signed a sale and operating leaseback transaction for three B737-800 aircraft, through its Aviation Finance team - Pembroke. The first two aircraft were del

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