Friday 21 November 2014
 
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Oman

Oman's oil minister sees oil below $85 for some time

Oman's oil and gas minister expects oil prices to remain below $85 per barrel for some time, which will weigh on the 2015 state budget, a local newspaper quoted him as saying.   Brent crude oil has fallen fro

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Oman real GDP growth to hit 4.5pc in 2015

Oman's real GDP is expected to grow by 4.5 per cent in 2015 mainly driven by a strong non-oil performance averaging seven per cent as the government’s diversification ambitions begin to have an impact, said a report. Oma

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Oman signs $1.75bn deal for Batinah Expressway project

Oman’s Ministry of Finance has signed a RO673 million ($1.75 billion) deal for a part of the Batinah Expressway project with the Kuwait Economic Development Fund (KEDF), according to a report. The agreement covers a grant of

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Oman plans agrobiodiversity conservation

Oman Animal and Plant Genetic Resources Center (OAPGRC) has welcomed a top expert in genetic conservation to advise and provide guidance on the development and implementation of a national plant agrobiodiversity conservation strategy for the Sul

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Omani products on show at Carrefour Hypermarkets

The Public Establishment for Industrial Estates (PEIE) has opened the Omani Products Exhibition at the Carrefour Hypermarket in Muscat City Centre, aimed at creating a wide awareness on the locally manufactured products. The 10-da

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Omani luxury resort offers winter break package

Millennium Resort Mussanah, a luxury hotel in Oman, is offering its guests a Winter Break promotion package. The hotel is offering a stay for OMR 70 ($182), which includes a room for two and breakfast, or OMR 90 ($234) which includes a

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Protiviti brings Oasis 500 SME boot camp to Oman

Global consulting firm Protiviti’s Middle East member has organised the first Oasis 500 boot camp in Oman in co-operation with the National Business Centre. The camp makes a milestone in the co-operation between business inc

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Seasonal festivities at the Millennium Resort Mussanah

Millennium Resort Mussanah, a leading luxury resort in Oman, is offering its visitors a host of festivities for Christmas and New Year. Starting from December 15 until January 8, guests can pick up traditional Christmas delicacies for g

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Omantel Q3 net profit rises 3.1pc

Oman Telecommunications (Omantel) reported a 3.1 per cent rise in third-quarter profit on Monday, according to Reuters calculations, meeting analysts' expectations. The former monopoly made a net profit of RO30 million ($77.9

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Qatari Diar to develop $647m tourism project in Oman

Qatari Diar, a property arm of the country's sovereign wealth fund, has signed an agreement with the Oman government to develop a eco-themed tourism project on a 1.85-million-sq-m area of land in the sultanate at a cost of RO250 million ($64

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